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Monday, February 2, 2015

Sands, Other Macau-Centric Casinos Continue Slide



Investors.com http://ift.tt/1yvey9v Macau gambling revenue plunged 17.4% to $3 billion in January, the eighth monthly drop in a row. The decline pushed down shares of Las Vegas Sands (LVS) and others that get the bulk of their revenue from the Chinese gaming enclave. It followed a 30.4% drop in December and 19.6% drop in November as the global gambling hub in 2014 posted its first-ever gambling revenue decrease, according to figures released by the Macau Gaming Inspection and


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