Slowing down: Casino chips displayed at the Global Gaming Expo Asia in the world’s biggest gambling hub of Macau. With casino revenues plummeting, Macau is seeking to reinvent itself as a family-friendly mass market destination. — AFP
THE Asian gaming industry is going through a shake-out as China’s corruption crackdown and slowing economic growth are scaring off its golden goose from Macau – high-stakes Chinese gamblers.
But casino operators are betting that the downturn is temporary and that the drop in VIP gaming revenues will bottom out. Across Asia, the race is on to open more integrated resorts in the region.
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