https://www.abouttanzanitejewelry.com/news/macau-casino-revenues-third-straight-month/ Latest Casino and Gaming News Sun, 07 Sep 2014 02:28:19 +0000 hourly 1 https://wordpress.org/?v=6.4 https://www.abouttanzanitejewelry.com/news/macau-casino-revenues-third-straight-month/#comment-620 Sun, 07 Sep 2014 02:28:19 +0000 https://www.abouttanzanitejewelry.com/news/?p=24323#comment-620 Replacing junket players with mass market customers, may bring in less casino win, but the profits from Macau operators should still be growing. Because the operator does not have to share roughly half of the earnings from junket whales. And even though it is costly to bring Chinese Nationals to Las Vegas, the enormous tax differential (39% Macau vs 6 3/4% Nevada), easily justifies the added travel and hospitality costs from this high spending group. You would think that Asian investors would prefer to look at the dividends and earnings in preference to news about casino win declining. Things that would upset me the most as a Macau investor, would be news about Japan approving casino gaming, or South Korea and Vietnam, allowing locals to play in their own casinos.

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