Macau Gambling Revenue Falls, Slide Likely Not Over

Investors.com http://ift.tt/1vKzcmX Gambling revenue in Macau fell nearly 20% on a year-over-year basis to $3.94 billion in November, continuing a downward trend that began last summer. The greater than expected drop also drove down shares of Las Vegas Sands (LVS) and other Macau-centric casinos early Monday. The Macau gaming inspection bureau reported the raw number and will release a detailed breakdown later this week. According to bureau figures, after Macau gambling revenue