Macau gambling revenue rises 14% as anti-corruption drive fades

Mainland visitors return in 2018 but trade war threatens another downturn

20190104N Macau casino

The opening of MGM Cotai in February contributed to an increase in visitors from the mainland to Macau last year. © Reuters

TAKESHI KIHARA, Nikkei staff writer

HONG KONG -- The Asian gambling capital of Macau enjoyed a stellar 2018 as openings of family-friendly casino resorts drew customers from mainland China.

Gaming revenue rose 14% on the year to 302.8 billion patacas ($37.5 billion) for 2018, the second straight increase, data from the Macau government shows. Such revenue recovered to more than 80% of its 2013 peak as Chinese President Xi Jinping's anti-corruption campaign seemed to have toned down.

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