Bookmark CHINA TOPIX Subscribe Now

CHINA TOPIX

12/23/2024 09:10:26 am

Make CT Your Homepage

Home > Macau Billionaires

Macau Billionaires

Casino Lisboa and neighboring casinos at night in Macau.

Fortunes of Macau Casino Moguls Falls as Gaming Revenue, Share Prices Drop

Christian George Acevedo   | Jan 12, 2016 09:24 AM EST

Macau's casino billionaires saw their fortunes drop following 2015's 34.3% decline in the revenue of Macau's casinos. The decline also affected stock prices of Macau's six casino concession holders. After a steady surge both in stock prices and casino revenues in early 2014, the six concessionaires' shares lost their value by two-thirds on average. Forbes' Mohammad Cohen quipped that obviously Macau's rich are no longer as rich as they were.

EDITOR'S PICKS

Follow Us

MOST POPULAR

LATEST NEWS

Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison

China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article

VIDEO

TRENDING STORY

© Copyright 2024 Chinatopix.com. All Rights Reserved.
Real Time Analytics