Macao’s gaming market growth expected to slow down
2008-07-24 Macao
Macao’s gaming revenue recorded a quarter-over-quarter drop of 3% in the second quarter of 2008, signaling the slowed revenue growth of Macao’s gaming industry, according to statistics released by Macao’s Gaming Inspection and Coordination Bureau. The statistics show that Macao’s gaming industry is entering an adjustment period, reflected by decreased gaming tables and slot machines as well as massive layoffs at Galaxy Entertainment Group Limited.