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In 2019, there were 41 casinos in Macau. Within these casinos, Texas Holden Poker generates the most revenue among the games of fortune. While its revenues have declined slightly in recent years. Poker King Cup Macau 2019 15 Mar - 21 Mar 2019 This year’s event will be the biggest yet for Poker King Cup, this time featuring a whopping 14 Side Events, and an extended number of tables to accommodate everyone who wants a piece of the action!The 14 Side Events will feature a mix of new and familiar crowd favorites, including. There are 2 poker rooms in the Macao area, and we at PokerAtlas provide complete and up-to-date information about every room in every location including Cotai Strip and Macao. Click on any of the poker room listings below for more information including poker tournament schedules, cash games, player reviews, contact information, amenities. Macau 2019 Poker King Cup Festival schedule is here 27th February 2019 27th February 2019 Andrew Power 708 Views High Roller, Macau, Poker King Cup The Venetian Macau Resort & Hotel in Macau is the location for this years Poker King Cup Festival that runs from March 15th to 21st.

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Macau casinos closed out 2019 with its third straight month of revenue decline and its worst year-over-year drop since 2015.

According to statistics released by the region’s Gaming Inspection & Coordination Bureau, Macau gambling operators generated $2.85 billion in gaming revenue, which represents a 13.7 percent drop from December 2018.

The drop is even steeper than the staggering 8.5 percent drop casinos experienced in November.

December’s figures brought the annual revenue to $36.47 billion, which was down 3.4 percent from 2018.

Despite the massive drop, it was still slightly better than expected. According to Bloomberg,most analysts were anticipating a 15 percent revenue decline. The financial media outlet also cited the region’s inability to lure the high rollers it became accustomed to thanks to an economic slowdown in China and geopolitical tensions in the area.

As was the case with most of the year, the looming trade war with the United States coupled with escalating protests in Hong Kong dampened casino profits.

President Xi Jinping’s arrival in Macau furthered those declines. With Jinping in the city to celebrate the 20th anniversary of the former Portuguese colony becoming part of China, visa policies were tightened as were travel restrictions, and there was more stringent border security.

Xi urged Macau to “diversify its economy” during his visit to the city, but with improved infrastructure coming in 2020, some believe that the new year should bring a rebound to the industry.

This was the eighth time in 2019 that Macau saw year-over-year declines in monthly revenue reports.