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March 2016 Macau Gambling Revenue

Friday April 1,2016 : MACAU GAMBLING REVENUE TUMBLES AGAIN IN MARCH
 
Revenue slump continues with 16.3 percent drop.
 
Official March 2016 figures from Macau’s Gaming Inspection and Coordination Bureau, show continued decline in revenues which were down 16.3 percent at 18 billion patacas ($2.3 billion), marking 22 consecutive months of decreasing revenues.
 
The Reuters news agency reports that visits by big-spending high-rollers became even more infrequent during March, and the adverse conditions generated by the Chinese central government clampdowns prevailed..
 
Analysts said volatility remains high in the VIP sector due to the government campaign as well as tighter regulations in Macau, with some predicting that revenue in Macau is likely to decline 0-10 percent in 2016.
 
The Bloomberg business news agency reported that the March decline was greater than predicted by analysts, and noted that around $46 billion of market value was wiped out last year from the city’s six gambling houses, although most of their shares have rebounded so far this year.
 
However, one analyst cautioned that the resurgence could be short-lived, pointing out:
 
“The recent share rally is based on its low valuation, it isn’t driven by business performance.”
 
Macau gaming revenue in the first quarter of 2016 has dropped 13.3 percent to 56 billion patacas.



Gambling News :

Jurassic World Online Slot live - During the base game, the fierce and genetically modified Indominus Rex can randomly appear on the screen, awarding wins of up to 1,000x the total bet.

Is there a place for AI in poker? - If you are into the technology, you have certainly heard about Artificial Intelligence (AI) at least a few times. The word has become even more popular over the course of the last few years, especially with an introduction of another buzz word

MLB Odds: Mets vs. Dodgers - Injuries have kept the New York Mets (31-37, –14.14 betting units) from being all they can be this year, but they expect to have Steven Matz on the mound for Wednesday’s game against fellow southpaw Rich Hill and the Los Angeles Dodgers (44-26, +7.56 units). First pitch from Chavez Ravine is 10 PM ET on ESPN.

NBA Odds: Warriors Down Cavs in Game 5, Reclaim Title - It took a game longer than they would have liked, but the Golden State Warriors are once again the NBA champions. They beat the Cleveland Cavaliers 129-120 Monday night to eliminate the Cavs (+9 away) in five games and reclaim the Larry O’Brien Championship Trophy.

Vikings’ Victory Slot Launches - The game’s impressive graphics take you to the sea side, where a longship sits beyond the reels. Mountains and trees make up the background, and smoke can be seen billowing from beyond the screen. The five reels are on a sail, with 25 paylines marked by red flags.

50 WSOP Seat Satellite - Sunday, July 2nd at 3pm ET, two just days before the Fourth of July holiday, Americas Cardroom is running a 50-seat qualifier to the 2017 WSOP Main Event in Las Vegas.

NHL Odds: Series Tied Heading Back to Pittsburgh - As quickly as Pekka Rinne lost his game in Pittsburgh, he found it again in Nashville. After Game 2, there were murmurings that Rinne wouldn’t start the next game. Predators Head Coach Peter Laviolette decided to stick with his goaltender, however, and Rinne led his team to two consecutive victories at home while stopping 50 of 52 shots.

Huge Win at Bitstarz Casino - There has been plenty of big wins being landed at BitStarz lately, and yesterday, it was time again. Surprisingly it was yet another Amatic game that made one lucky player extra happy as he raked in an incredible $112,402 during an evening of intense playing.

Beautiful Bones is the latest game release from Microgaming - Beautiful Bones is a five reel, 243 ways to win, visually superb slot. The Day of the Dead-inspired slot features vibrant and elaborately decorated reels, which truly bring this game to life.

NBA Odds: Can Warriors Keep up the Pace in Cleveland? - The Cleveland Cavaliers head back home down 0-2 in the 2017 NBA Finals after losing the first two games straight up and against the spread to the Golden State Warriors by wide margins. Game 3 is Wednesday at 9 PM ET on ABC.

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