This week’s Inside Gaming looks at how the ongoing decline in Macau’s gaming revenue is affecting the island’s economy as a whole, reports on Caesars upping resort fees at several Vegas properties, shares news of Caesars CEO getting approval for a gaming license, and relates the latest positive figures regarding gaming revenue in Native American-owned casinos.
Gaming Decline Brings Macau’s Economy Down 20% in 2015
Macau’s economy is fueled primarily by tourism, with the many casinos operating in the Special Administrative Region of the People’s Republic of China having been a primary incentive for many to visit over the past decade-plus.