HONG KONG: Gambling revenue in Macau, the world’s biggest gaming hub, plunged by a record 49% in February, as wealthy players shied away from China’s only legal casino hub following the economic slowdown and Beijing’s crackdown on conspicuous spending.
Revenue fell for the ninth consecutive month to 19.5 billion patacas (US$2.4bil) in February, from 38 billion patacas a year earlier, according to data released by Macau’s Gaming Inspection and Coordination Bureau.
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