Macau’s gambling industry on a losing streak

CNN’s Andrew Stevens explains how Macau’s decade-long winning streak as a gambling destination has come to a halt.

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 –..

Macau is South China’s answer to Las Vegas, a gambling hub and magnet for high rollers. Now a crackdown on corruption in China and a drop in high-spending to.

A crackdown on corruption and a lack of economic diversity spells a losing streak for casino reliant Macau. – Subscribe to our channel

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