Gaming Billionaires Have Seen Their Fortunes Dive Over the Last Year

Thanks, Macau

Wynn Resorts CEO Steve Wynn

Billionaire Steve Wynn, chairman and chief executive officer of Wynn Resorts Ltd., reacts during a news conference following the company's annual general meeting in Macau, on May 15, 2014.

Brent Lewin/Bloomberg

Gross gaming revenue in the worlds largest gambling hub is tumbling, denting the fortunes of some of the world's biggest casino tycoons.

Macau's gambling industry is struggling amid a corruption crackdown and economic slowdown in China, with casinos now facing their lowest revenue since 2011. Gross gambling revenue in Macau saw its second-worst monthly decline on record, according to data released Wednesday by Macau’s Gaming Inspection and Coordination Bureau. This chart going back to 2003 tells the story.

This is hurting the likes of Steve Wynn, Sheldon Adelson, and Pansy Ho, according to data tracked by Bloomberg Billionaires. You can see in the chart how their fortunes tumbled in the last year.

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