The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Macau gaming slump persist as casinos burn through millions of dollars of cash

June 2, 2022
Source: taipeitimes.com taipeitimes.com
News Snapshot:
Macau’s gaming industry extended its slump last month, with revenue plunging 68 percent year-on-year as China tightened travel restrictions during a record COVID-19 outbreak, and casinos burned through millions of dollars of cash per day. Gross gaming revenue dropped to 3.34 billion patacas (US$413.6 million), the Macau Gaming Inspection and Coordination Bureau said. The results were worse than the median analyst estimate of a 64 percent year-on-year decline, and follow a 68 percent slump in April and a 56 percent drop in March. Photo: Reuters Revenue rose 25 percent from April, but was down about 87 percent from levels before...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: Automotive | bank | Brazil | Casino | China | Chinese | Covid-19 | electric vehicle | factory | finance | gambling | Goldman Sachs | insurance | Macau | manufacturing | New York | online game | poultry | retail | revenue | stocks | Taipei | Taiwan | technology | Thailand

Other News:

India may overtake China in share of global GDP in PPP terms by 2060

June 4, 2026
business-standard.com business-standard.com

Japanese robotics start-up seeks Indian partners to manufacture humanoid robots

June 4, 2026
thehindubusinessline.com thehindubusinessline.com

Creative Expression Takes Shape: ELEGOO Partners with emoji® – The Iconic Brand for a Special Co-Branded 3D Printer Centauri Carbon 2 Combo Edition

June 4, 2026
manilatimes.net manilatimes.net

Meeting Top Scholars to Safeguard Human Civilization: The Global Pioneering Path of Hu Jiaqi, Founder of The Humanitas Ark

June 4, 2026
manilatimes.net manilatimes.net

Gift Card Market Set to Reach US$ 2,220.6 Billion by 2033 Amid Digital Payment Growth | Persistence Market Research

June 4, 2026
prnewswire.co.uk prnewswire.co.uk

EU Parliament shields MEPs from Huawei corruption probe

June 4, 2026
thenextweb.com thenextweb.com

Europe wants to break free from Big Tech. It's easier said than done

June 4, 2026
firstpost.com firstpost.com

US Accelerates F-47 Sixth-Generation Fighter Program as China Pushes Ahead With J-36 and J-50

June 4, 2026
republicworld.com republicworld.com

AI Is Now The Leading Reason Cited For Layoffs-Tech Has Lost 123,000 Jobs This Year

June 4, 2026
forbes.com forbes.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.