HONG KONG (Reuters) - Gambling revenue in the Chinese territory of Macau dropped 8.6% in August on the year, hit by tapering demand from high rollers, due to slowing economic growth amid China’s trade war with the United States and protests in neighboring Hong Kong.

August’ s figure was 24.3 billion panaceas ($3.01 billion), Macau’s Gaming Inspection and Coordination said in data posted on Sunday, below analysts’ expectations of a drop of 2%-6%.

The figure was slightly lower than July’s monthly revenue of 24.4 billion panaceas.

While protests in the Asian financial hub of Hong Kong have disrupted transport and deterred travel to the former British colony and then on to Macau, analysts say the impact on gaming revenues has been minimal.

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