Macau’s Gambling Sector Reports Biggest Revenue in Four Years
Macau’s gambling industry reported its best revenue in four years in 2018 after Beijing’s crackdown on corruption and luxury spending saw spending plunge by over a third, government data show.
The special administrative region’s gaming industry continued its recovery, with gross revenue in the sector reaching 303 billion patacas ($38 billion), a 14% increase year-on-year, according to figures from the Gaming Inspection and Coordination Bureau, Macau’s gambling watchdog.
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