Professor I Nelson Rose on the declining fortunes of a major gambling market.
You know you are in deep trouble when one of the leading newsletters in your industry discusses the “silver lining” in being shut down: “Macau casino closures provide some relief from cash burn” - Asia Gaming Brief.
Macau casinos have so few gamblers, in fact so little revenue of any kind, that the government finally ordering them completely closed is a small blessing. At least this way the casinos do not have to keep paying salaries to dealers who have no patrons.
Read the full article in the September issue of InterGaming
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