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Macau Gambling Growth Slows In January

The world's largest land gambling market continued to grow in January, albeit at a slower rate than in all of 2013.

For the month of January, Macau brought in 28.7 billion patacas ($3.6 billion USD), which is a growth rate of 7%. That is the slowest growth rate since October 2012. The performance was lower than the predicted 11-15% that analysts predicted.

Revenues could pick back up in February, as the Chinese New Year holiday celebrations did not start until January 31st.