In certain ways, China has had a big impact on Macau’s gambling revenue. While it hasn’t been intentional, the trade war with the U.S., protests in Hong Kong, a weaker domestic economy and a strict anti-online gambling stance have been responsible for weaker gambling action in the city. According to one analyst, this pressure could soon spread into Europe, as well, causing its gaming industry to suffer.
Genting Singapore, the casino operator behind the Resorts World Sentosa (RWS) integrated resort in that country, should be happy with its second-quarter performance. Its revenue climbed 13.6% compared to the same period last year, reaching $460.63 million. It should be happy, but it would have liked to have seen something better.