Macau May revenues up 9.3%

May gaming revenues in the world’s largest gambling hub Macau were lower than expected with growth a 9.3% representing $4.05 billion, most analysts predicted a rise of 13% to 15%. This shortfall has fuelled belief that the former Portuguese colony is slowing in growth.

Macau which is by far the largest gambling zone in the world which earns in two months what Las Vegas makes in a whole year has seen phenomenal growth over many years but with the Chinese government slowing visits by nationals to the gambling hub, it has impacted on current figures.

In 2013 Macau saw record revenues for the year topping $45 billion but analysts believe that 2014 will not see that huge growth.