China plans Year of the Dog gambling crackdown… Earlier this month, Macau’s Institute for Tourism Studies published a study urging China to approve mainland casinos in order to address the “enormous demand for gambling” by mainland punters and to reduce the “mass exodus of capital” that … Australia's Casinos Enjoying Boom From VIP Gamblers Fleeing… With Macau’s gambling revenues suffering record slumps in the last few months, casino moguls like James Packer with his Crown Resorts ltd and Sheldon Adelson with his Las Vegas Sands hare counting their losses. South China Morning Post Cashes In On Macau’s Chinese Tourist… Macau reported 19 percent gambling revenue growth for 2013 and a 40 percent gambling surge for February 2014. Known for its high-roller gaming, the island has been turning it sights onto the middle class in the wake of China’s anti …
Macau Casino Stocks Slump on China Crackdown Fears - Barron's
BEIJINGS crackdown on corruption and Chinas slower economy pushed gaming revenue in Macau ... Corruption crackdown, China economy, hit ... gambling hub ... China gamblers go to Vegas as spending crackdown hits ... Home » Business » China gamblers go to Vegas as spending crackdown hits Macau. ... Macau remains the world’s biggest gambling hub despite the recent ... Macau Gambling Still Struggling Amidst Crackdowns and ... Macau’s gambling industry is continuing to take a massive hit from anti-corruption moves from the Chinese mainland and a weakening economy. Arrests were made in ... James Packer among billionaires hit by $100 billion Macau ...
Authorities in Macau and mainland China have broken up an underground banking network that handled more than $4.4 billion in transactions and supplied illicit cash for gamblers in the casino hub.
May 08, 2015 · A look at how the recent Chinese government crackdown on high rollers is impacting on Macau's gambling industry. Is Macau’s Gambling Industry in Danger? ... the region has taken a hit… Macau Gambling Still Struggling Amidst Crackdowns and Aug 30, 2015 · Macau Gambling Still Struggling Amidst Crackdowns and Downturns August 30, 2015 By David Sheldon Macau gambling continues to be hit by the economy and anti-money laundering moves. Fresh Beijing crackdown on dirty Macau cash anticipated as Jul 20, 2017 · Fresh Beijing crackdown on dirty Macau cash anticipated as VIP casino revenues surge A surge in VIP takings at Macau casinos coupled with …
Speculation over a crackdown by Beijing on gambling in Macau affected the performance of the casino operator Sands China, which reported a subdued 9 per ...
Macau’s Growth Could Accelerate in June, Despite China Crackdown... What to make of Macau today. The expected growth in gaming revenue in June, and the crackdown on gambling in Mainland, China, should be taken as a positive sign for gaming investors. Macau Gambling Still Struggling Amidst Crackdowns and Downturns -... Macau’s gambling industry is continuing to take a massive hit from anti-corruption moves from the Chinese mainland and a weakening economy. Arrests were made in Macau this week as part of an ... Macau casino rev hit by China slowdown, corruption crackdown -... HONG KONG (AP) — Casino revenues in Macau, the world's top global gambling market, fell for an eighth straight month in January as Chinese high-rollers were deterred by the country's economic slowdown and corruption crackdown. Data posted Monday on the Macau gambling regulator's website showed ... Vancouver's Once Rollicking Casinos Hit by Dirty Money Crackdown...
Crown casinos hit by China corruption crackdown. 16 June 2016. being fully valued and the Crown Resorts share price has been highly correlated to the performance of its investment in Macau." ...
Macau gaming revenue growth slowed in August as typhoon hit ...
Feb 02, 2015 · CNN's Andrew Stevens explains how Macau's decade-long winning streak as a gambling destination has come to a halt. Macau hit by gambling crackdown - Duration: 2:19. Macau Gambling Still Struggling Amidst Crackdowns and Aug 30, 2015 · Macau Gambling Still Struggling Amidst Crackdowns and Downturns August 30, 2015 By David Sheldon Macau gambling continues to be hit … Macau Crackdown On Illicit Money Exchange At Casinos Feb 19, 2019 · Macau Crackdown On Illicit Money Exchange At Casinos. Combatting illicit money exchange inside and around casinos in Macau will be a priority for the city’s police forces this year, said Secretary for Security Wong Sio Chak (pictured) in a Monday press briefing. The official said additionally that the police had “cracked down” in an