Macau gaming revenue misses forecasts

Quick Summary:

Gaming revenue in Macau fell 5.6% in January, missing expectations and adding to signs that China’s weak consumer sentiment is dragging down a recovery in the world’s biggest gambling hub.

That compared with the median analysts’ estimate of a 0.9% year-on-year increase, and is 27% lower than the pre-pandemic level in 2019.

Such results are not unusual for the holiday season given similarly strong trends during the same period last year, they said.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaMacau

Topics: Gambling Consumer Year Casino Macau Signs January Revenue Biggest Gaming

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-01 @ 16:26:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 307 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25691625

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