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Macau Revenue decline in April less than expected
Sunday May 1,2016 : BETTER NEWS FROM MACAU.
Revenue decline in April less than expected.
Has the fall in Macau gambling revenues finally started to bottom-out?
That's the question analysts are asking after the April numbers were released yesterday by the Macau Gaming Inspection and Coordination Bureau, showing that the monthly decline of 9.5 percent was less than had been anticipated by analysts.
GGR came in at 17.3 billion patacas ($2.2 billion), a year-on-year decline of 9.5 percent instead of the expected 13.5 percent.
The April 2016 figures marked the twenty-third month of sliding revenues in the Asian gambling hub, and the percentage decline was substantially lower than the 16.3 percent decline recorded for March 2016.
Industry observers have speculated that the switch in operator emphasis from high rollers to the mass market player may be starting to produce results in a market that has been seriously impacted by the Chinese government's clampdown on high level corruption and conspicuous consumption in a slowing economy.
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New Quick Seat feature at Ignition Poker -
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NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 -
The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?
Caesar’s Triumph Slot Launches -
Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.
NHL Odds: Pacific Division Foes Face Off in Edmonton -
The Edmonton Oilers will attempt to defend their home ice advantage this Friday (10:30 PM ET on Sportsnet) against the San Jose Sharks. The Oilers (47-26-9) finished second in the Pacific, while the Sharks (46-29-7) finished third, but only four points behind their First Round foes.
Bingo Cataratas Offers Unique Spin on Classic bingo -
Bingo Cataratas (Spanish for waterfalls) is changing the way people think about bingo according to Bovada. Just because bingo is a classic with a huge following, doesn’t mean it can’t be spiced up with a fresh new format. Bingo Cataratas has the basic structure of bingo, but also has an “extra ball” feature and a bonus mini game.
NBA Odds: Hawks-Pacers in Regular-Season Finale -
Depending on the results of Game No. 81, Wednesday’s regular-season finale (8 PM ET, ESPN) between the Atlanta Hawks and Indiana Pacers could decide whether Indiana reaches the postseason. It could also give the Pacers a higher seed than Atlanta in the Eastern Conference playoffs.
Microgaming April 2017 new games -
Cool Buck and Mega Money Multiplier go live on Wednesday 5 April 2017. Both are available to Microgaming and Quickfire operators on desktop and mobile and come with in-game achievements and free games.
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