Chinese New Year set to boost Macau’s revenues

Investors are becoming more positive about Macau following a two-year slump in the world's biggest gambling hub. Operators are predicting to see a revenue boost soon, as Macau’s as hotel rooms fill up for Chinese New Year on 27 Jan. Following Chinese President Xi Jinping's crackdown on corruption, VIP punters are beginning to return, causing a 10% rise in betting in Macau last quarter to MOP 60.4bn ($7.6 billion). The Chinese New Year is set t...