The 1-Macao casinos business figure down 0.4% in March

* March turnover in line with badysts' estimates

* Highest turnover this year

* Cautious outlook for casinos in 2019 (Adding details about earnings, prospects, context)

April 1 (Reuters) – The gambling business figure in China's Macao territory fell 0.4% in March from a year earlier, as a result of slower economic growth and more economic growth. the trade war between Sino and the United States that stopped big players.

March revenues amounted to 25.8 billion patacas ($ 3.2 billion), announced Monday the inspection and coordination of the Macau games. This figure represents the highest business figure recorded so far this year and corresponds to badysts' expectations for stable growth, down 6%.

This figure exceeded 25.4 billion patacas in February.

As the special administrative region marks the twentieth anniversary of its transition to Portuguese rule, a slowing of continental economic growth, a weaker yuan and a threatening trade war are threatening to derail growth.

Located on the south coast of China, Macao is heavily dependent on the revenues of the game to amortize its finances. Casino taxes currently account for more than 80% of total government revenue.

The authorities tightened calls for operators to diversify their activities and expanded Macao's economic base to reduce the region's reliance on glitzy casinos.

The Macau government extended the casino licenses of MGM China and SJM Holdings until 2022, bringing them closer to other operators. Both operators are required to pay a single fee of 200 million patacas ($ 25 million).