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Macao Is Ending 2019 on a Down Note

TheMotleyFool

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2019 hasn't exactly been a banner year for Macao casinos: The amount they've won fell by 2.4% overall through the first 11 months of the year. Revenue has been up and down throughout the year, but the two lowest revenue months of the year have come in the past three months. The trend looks to be a slightly shrinking market.

For Macao's casino companies, gambling revenue is the tide that lifts (or sinks) all boats. If the market is in decline, there's not a lot any individual company can do to overcome the pressure.

Image source: Getty Images.

Source Fool.com

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