Articles About Steven Leung

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New Rules in Macau: Jewelry and Watch Retailers Banned from Card Devices

New Rules in Macau: Jewelry and Watch Retailers Banned from Card Devices

Monica E. June 27, 2014 18:23:40

Officials felt a new set of regulations was needed to better control the cash flow in the world’s largest gambling hub. Luxury casinos and hotels, special tables for high-rollers and everything a true gambler’s heart could desire. Over the past few years, Macau has drawn a record number of players from all over the world […]

Hong Kong Stocks Fall to Their Lowest Level since July, Due to Macau Casino Revenue Drop

Hong Kong Stocks Fall to Their Lowest Level since July, Due to Macau Casino Revenue Drop

Monica E. February 20, 2014 14:11:32

Profit growth for Macau’s casino resorts has slowed down significantly, causing stocks to plummet. With Macau’s casino gambling industry and property developers showing signs of a slowdown, Hong Kong stocks saw a significant drop at the beginning of this month. In fact, they reached their lowest level since last July. Plunging more than 7%, Galaxy […]