Crown Perth has fallen out of favor with rich Asian gamblers. The result is a drop in revenue of almost 10%, according to an announcement by the Gaming and Wagering Commission. From July 1, 2017 to June 30, 2018, the casino saw its gross gaming revenue (GGR) fall to AU$564 million (US$409.8 million).

The drop was propelled by a staggering 24% decline in revenue from baccarat, a standard favorite among Asian gamblers and typical for those with extremely deep pockets. In total, the casino’s baccarat GGR was $163 million (US$118.4 million). Since 2014, baccarat GGR has fallen a total of 57% at the casino. At its highest, it was bringing in $383 million (US$$278.3 million).

The Crown Resort company, owner of Crown Perth, had hoped to promote itself as the ultimate gambling destination for rich Asian gamblers as part of a $650 million (US$472.5) million redevelopment plan. That plan got off to a strong start, but a crackdown on foreign gambling companies by Chinese officials has resulted in a decrease in popularity.

That crackdown hurt baccarat, as well as Crown. In 2016, 19 Crown employees were arrested for participating in crimes that went against China’s stiff anti-gambling policies. The employees, one of whom was Crown senior executive Jason O’Connor, were eventually released and Crown agreed to pay a hefty fine for their actions.