Macau Revenue Growth Slows

The world's largest gambling destination has seen its revenue growth slow down from last year, as the latest figures show that Macau's January 2013 revenues were up 7.3%, which is less than the 10-12% that analysts predicted.

For January, the Macau Gaming and Inspection Bureau reported that the island gaming mecca brought in MOP 26.9 billion ($3.6 billion USD). The amount brought in still shows a significant amount of growth in the market, albeit not as much as previously estimated. Numbers could jump in February, as the Lunar New Year Holiday is set to take place on February 10th.

The drop in revenues is being linked to China's economic situation as well as high rollers wagering less.

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