The Traderszone Network

Published in TZ Latest News 3 January, 2015 by The TZ Newswire Staff

The Real Reason Macau’s Casinos Are Suddenly Empty

A trip to the high-roller tables in Macau or Las Vegas strip casinos over the holidays revealed an unexpected, eerie (and terrifying if one is a bondholder in said casino) sight: empty chairs as far as the eye can see. Indeed, as Bloomberg reports, “Macau’s casinos just recorded their worst year, ending a decade of expansion that turned the former Portuguese enclave into the world’s biggest gambling hub. More tough times are ahead.

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