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So, for responsible gambling advocates, it seems to be a case of taking what they can get with regards to poker machine reform. The Gillard government has stood its ground for the past year, making few compromises on the terms of the reform regulations. What this had led to is a set of gambling reforms that have been deemed as ineffective by local community groups.
The Taylor Collison analyst added that Wynn Resorts would have to come to deals with each of the Australian state governments where Crown has casinos. At present, those would be Victoria, New South Wales, and Western Australia.
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The fall-off didn’t come as much of a surprise. For a while now, Macau has been feeling the pressure of slowing economic growth and restrictions on some of the methods used to attract VIP patrons from mainland China. Analysts actually predicted anywhere from a three to six percent drop in revenues this month, suggesting that the casinos did about as well as they could under the circumstances.
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