Macao Gambling Revenue Was Down 63% in January
Macao casinos still aren't faring too well, as January gambling revenue fell 63.7% in January, the 16th consecutive month of declines and the 12th straight month the year-over-year drop was greater than 60%.
Yet gambling revenue was 2.6% higher than it was in December, which itself was a 15% rise over November. The casino industry is improving, but at a glacial pace.
Image source: Getty Images.
Source Fool.com