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hard rock casino 3 card pokerPrior to the release of that report, analysts forecast an August decline of two percent to six percent.August was the third-worst month of 2019 to date for Macau gaming turnover, trailing only April and June. Analysts badly underestimated an August decline in Macau gaming revenue. 23. 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. 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. hard rock casino ufc fight