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Here are the dismal numbers – The stocks of the six casino concessionaires in Macau saw an average drop of 40% in 2014. The Chinese economy is vast and complicated, and as far as we can know the part of the corruption crackdown that stymied the junkets could be a shakedown that will mysteriously evaporate as soon as the Big 6 in Macau show some interest in neighboring Hengqin. The government’s aggressive crack-down on corruption, including increased oversight of mass market favorite UnionPay cards certainly had an overall effect....
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Las Vegas Sands Corporation seems to have stopped reporting breakout numbers but we can look at 2012 for guidance. But the overall economic downturn in the Chinese economy may well be more of a force islotsmillion cas ino review soign the year-end numbers. A shrinking, or less robust economy will certainly drive the numbers at the casinos....
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