Macau casinos recorded its 11th consecutive revenue drop in April—a 38.8% year-on-year revenue decline.

According to data released by the Macau government on Monday, gambling revenue fell to MOP 19.167b ($2.40 billion) in April, from MOP 31.318b a year earlier.

While Macau’s revenues remain close to six times that of Las Vegas, the slowdown is visible as China’s crackdown on corruption continued to hit business in the world’s casino capital.

An article published in the Asia Pacific Journal of Marketing and Logistics titled, Macau Gambling Industry: Current Challenges and Opportunities Next Decade said that Macau’s VIP gaming industry can be boosted by Central Government’s decision to reduce the commercial banks’ reserve requirements.