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Chart of the Day: Gambling on

Chart courtesy - Joe Weisenthal

Macau gaming revenue expanded for the first time since May 2014. The Macau is so dependent on gaming and on Chinese tourists that a slowdown in world's second largest economy led to a GDP contraction of 26 percent in the second quarter last year. The economy there is still in recession and in the second quarter shrank by 7.1 percent but looking at the gaming revenue it seems that the third would be a better one.

Does this Macau recovery mean, China is back in the business and the worst is over?

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