Articles About Steven Leung

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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

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 […]