Chart: Tight correlation between Macau gaming revenue and Chinese economy
22 May, 2012, 13:37. Posted by Zarathustra
Tags: Macau gaming
Reuters is reporting that perhaps Macau’s gaming revenue growth could fall to 11% year-on-year in May.
Below is a chart of Macau gross gaming revenue growth and China’s GDP growth (%yoy, real). This shows a pretty tight correlation between Macau gaming revenue and the Chinese economy, although it is much less clear as to whether Macau gaming revenue is a useful leading indicator.
Source: Gaming Inspection and Coordination Bureau, Statistics and Census Service, National Bureau of Statistics
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About Zarathustra
Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.