Casino Notes: Macau Gaming Revenues Plunge 37% In May

The Macau government released the May gaming data, which came on expected lines with a 37% drop in gross gaming revenues. This marks the 12th straight month of revenue decline in the world's largest gambling hub. Nevada gaming numbers for the month of April were also released recently and the Las Vegas Strip saw an 8% uptick in gaming revenues as compared to the prior year period.