Since the start of Macau’s legal casino industry in 2001, revenue is on a seven month downswing for the first time.
Reportedly revenue decreased 2.6% in 2014 to $44.1bn; however the most significant drop was in December with a 30.4% plummet according to figures released by Macau's Gaming Inspection and Coordination Bureau.
Even with less money passing through Macau, the region continues to generate nearly seven times the revenue of Las Vegas.
The government’s plans to sniff out gambling activities and conspicuous spending is to blame for the hard blow to casino income in Macau. Recent suggestions to diversify income in Macau have been swirling.
Macau is actually the only Chinese region where casinos and gambling is permitted and became the mecca that it is today once well-known international resorts broke ground there after the Chinese government put the kibosh on the casino monopoly in 2001.
In total, Macau’s casinos are down $58bn over the course of the last six months.
Source:Macau's gambling revenue hit with first annual fall