Macau gambling revenue jumps 7.3pc

Gambling revenue in Macau rose a lower-than-expected 7.3 per cent in January year-on-year as the traditional lull before the Lunar New Year begins set in.

January’s revenue at 26.9 billion patacas (US$3.4 billion) was weaker than analysts’ forecasts of 10-12 per cent growth. Seasonally, Macau gambling revenue dips ahead of the New Year holiday period, which this year starts on February 10. It tends to accelerate once the holiday season begins.

via Business feed http://www.scmp.com/business/companies/article/1141135/macau-gambling-revenue-jumps-73pc