poker win hand(Image: South China Morning Post)Macau’s August GGR totaled .01 billion in the eightaliante casino addrebh month of the year, down from .28 billion a year earlier, according to data published Sunday by the region’s Gaming Inspection and Coordination Bureau (DICJ). It was also the fifth month of this year where GGR tumbled there on a year-over-year basis, and the worst monthly decrease in percentage terms, using year-over-year comparisons.A slowing Chinese economy, Typhoon Lekima, and the protests in Hong Kong are all believed to have held back traffic at Macau casinos during the month,” according to Seeking Alpha.Year-to-date, Macau GGR stands at .50 billion through the end of August, almost two percent lower than where it was at this time last year.What’s Plaguing Macau?Ongoing pro-democracy protests in Hong Kong have also been cited as a reason for the decline in August gaming activity in Macau. However, a 15 percent levy by the US on 2 billion worth of Chinese imports went into effect today, as was previously expected. tachi palace casino hostSands is one of the dominant operators in Asia, with five Macau venues and one of Singapore’s two casinos.Gross gaming revenue on Macau, the only Chinese territory where gambling is permitted, slumped 8.6 percent in August. It was also the fifth month of this year where GGR tumbled there on a year-over-year basis, and the worst monthly decrease in percentage terms, using year-over-year comparisons.A slowing Chinese economy, Typhoon Lekima, and the protests in Hong Kong are all believed to have held back traffic at Macau casinos during the month,” according to Seeking Alpha.Year-to-date, Macau GGR stands at .50 billion through the end of August, almost two percent lower than where it was at this time last year.What’s Plaguing Macau?Ongoing pro-democracy protests in Hong Kong have also been cited as a reason for the decline in August gaming activity in Macau. mohegan sun casino pocono facebook

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las atlantis casino bonus codes 2020That could bring a welcomed respite for operators such as Las Vegas Sands and Wynn Resorts, which own a combined seven casinos on the peninsula.Historical data from DICJ indicate that while September is usually a slow GGR month for Macau properties, activity often picks up in the fourth quarter. The S&P 500 and the CSI 300 Index, a major gauge of equities traded on Mainland China, are well below their 52-week highs, and the trade levies are seen as punitive to consumers in both nations.Looking For Better TimesAnalysts expect that starting this month through the end of 2019, year-over-year comparisons will be easier for Macau operators to match. Beijing fired back with tariffs on billion worth of American imports.Both countries have incentive to ameliorate the tariff situation. thunder valley casino news today(Image: South China Morning Post)Macau’s August GGR totaled .01 billion in the eightaliante casino addrebh month of the year, down from .28 billion a year earlier, according to data published Sunday by the region’s Gaming Inspection and Coordination Bureau (DICJ). Last year, October and December were two months when GGR there exceeded .21 billion.That could bring a welcomed respite for operators such as Las Vegas Sands and Wynn Resorts, which own a combined seven casinos on the peninsula.Historical data from DICJ indicate that while September is usually a slow GGR month for Macau properties, activity often picks up in the fourth quarter. desert diamond casino free gifts

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