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encore casino atlantic cityAs a result, the yuan is weakening.The ongoing trade war between the US and China is also keeping VIP gamblers away from Macau, as they tighten their spending.“We continue to experience peaks and valleys in Macau,” Wynn Resorts CEO Matt Maddox explained. As a result, the yuan is weakening.The ongoing trade war between the US and China is also keeping VIP gamblers away from Macau, as they tighten their spending.“We continue to experience peaks and valleys in Macau,” Wynn Resorts CEO Matt Maddox explained. The country’s 2018 GDP growth was 6.6 percent, its smallest in 28 years. That’s down 1.8 percent.Mass ProblemThere are two main reasons as to why there are fewer high rollers in Macau these days.First, the Chinese economy has slowed. “With negotiations for new licenses scheduled for 2022, there are billions of dollars at stake.”Sands is controlled by billionaire Sheldon Adelson, Trump’s largest 2016 campaign donor. But those people do not gamble nearly as much as the mainland’s wealthier citizens – made evident by the Golden Week’s strong visitor numbers, but disappointing casino win.Looking AheadPresidents Donald Trump and Xi Jinping are expected to soon sign the first phase of their interim trade deal. gslot casino no deposit bonus codes