Monica E. August 6, 2014 09:05:55
Recent measures to combat corruption backfire, as Macau revenues drop without mainland gamblers. It’s been a month since the new restrictions on UnionPay machines in jewelry shops came into effect in Macau. Authorities are keeping their eyes out for signs money laundering in casinos. The world’s largest gambling hub is under tight scrutiny. Macau officials […]
Tom S. January 13, 2014 12:23:50
Recently christened “gambling capital of the world” expected to be subjected to growth-slowing regulations in coming years. Macau is now the world’s foremost leader in casino earnings, blowing Las Vegas out of the water with $45 billion in revenue last year. Growth has exploded since the Macau gambling laws were revised a decade ago, allowing […]
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