Macau, which beat Las Vegas sales last year, reported a loss of gaming sales for the first time. Sales for September were reported to be down 3% compared to the same month last year. Shares of U.S. casino companies fell even further, as most big names in Las Vegas also invested in the Macau market. In the report, Wynn Resorts plunged nearly 5%, MGM Mirage plunged 11%, and Las Vegas Sands plunged 13%.

The Chinese government has made it clear that it wants to slow Macau’s phenomenal growth. In recent years, Macau’s explosive growth has placed great stress on Macau’s infrastructure and caused soaring inflation and labor supply problems. Recently, it has frozen new gaming licenses to slow its growth.

The biggest factor in the decline appears to be a new Chinese visa policy that restricts visits from mainland China to Macau. The restrictions began by allowing visits only once every two months, and have become stricter this month, with only one every three months. Much of Macau’s casino market has been enriched by mainland Chinese. Analysts believe this could further reduce gambling revenue in the coming months. 카지노사이트 모음