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Macau Casino Revenue Drops Amid Tourist Surge | Markets & Money News
Macau's casino gaming revenue fell 10% in October, totaling 21.68 billion patacas (approximately 2.68 billion dollars), marking the fifth consecutive month of decline. Despite a surge of 1.14 million visitors during Golden Week, spending among high-end gamblers remains low. The cooling Chinese stock market is impacting affluent customers' gambling habits, contributing to decreased revenues for major operators like Sands China and Galaxy Entertainment. As Macau faces these challenges, the
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