Macau casino industry bound for worst streak in austerity

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Kin Cheung / AP

A gondola sails at the Venetian Macao Resort Hotel in Macau Tuesday, Aug. 28, 2007.

Tue, Nov 4, 2014 (2:59 p.m.)

Macau’s casino industry is headed for its longest losing streak, facing months more of falling revenues as continued crackdowns against graft by the Chinese government prompt gamblers to tone down on extravagance.

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