Macau's winning streak comes to an end
1,080 views · Published 2 February 2015 · 2:24 · Indexed 22 September 2026
Channel: CNN Business · 2015 · News & Politics
Macau's decade-long winning streak has come to a grinding halt -- as annual gaming revenue fell for the first time ever. The chill can be traced back to China's anti-corruption crackdown -- aimed in part at those who take money out of the country illegally -- making highrollers wary of spending big in Asia's gambling hub. Andrew Stevens looks at what the industry must do to survive and gets some insight from the CEO of MGM China.
