Private rooms for big spenders at Melco Crown's Studio City could change the face of gambling, again. ... hit a record Wednesday, and an ... Because of the luxury crackdown, all six Macau casino ... Australia's casinos play winning hand as China crackdown ... SYDNEY: Australia's top two casino operators are profiting from expanding at home as China's anti-corruption crackdown empties the once-booming gambling hub of Macau, sending Asian high rollers further afield. As Macau's takings slide, Crown Resorts Ltd, Australia's biggest casino firm by market ... Macau Gaming Outlook Worse After Massive Typhoon -- The ... Macau has enjoyed a 25-month boom following a two-year recession after Chinese authorities initiated a crackdown on corruption that snared junket operators and caused VIP gamblers to avoid coming ...
As far back as 2009, a cable leaked by Wikileaks from the American consulate in Hong Kong to the secretary of state said that “[Macau’s] phenomenal success is based on a formula that facilitates if not encourages money laundering.”
Macau Casino Industry Overview: 2014-2016 However, Mainland China has recently indicated that it is gearing up for stricter anti-gambling regulations by arresting more than 15 Crown Resorts staff members for promoting gambling offering illegally. And a potential crackdown on gambling could slim Macau’s chances for revitalization significantly. Macau’s Growth Could Accelerate in June, Despite China ... The last time China cracked down on gambling, Macau went into a tailspin. This time, the industry may be able to weather the storm. Macau’s Growth Could Accelerate in June, Despite China ... How China's Macau crackdown threatens big US casino moguls ... Exclusive: Investigation reveals how gambling giants made billions against backdrop of triads, vice and corruption in ‘Vegas of the east’ Macau, gambling hub, is making a big comeback - Business Insider
Studio City Will Be Impacted By Macau’s Anti Corruption…
Nov 26, 2015 ... The once-booming gambling industry in Macau now confronts an array of ... to China's economic slowdown and crackdown on corruption. Macau gaming market hits five-year low in 2015; revenue falls below ...
Macau Casinos Drop for 4th Day on China Crackdown Concerns ...
Macau casino rev hit by China slowdown, corruption
Australian billionaire James Packer says China's corruption crackdown has resulted in a slump in revenues in Macau.
Gaming | Vancouver's once rollicking casinos hit by dirty money crackdown. - Wednesday, May 1, 2019 - 2 weeks ago No Comments 2,363 Views. When Parq ... China's Corruption Crackdown Pummels Macau Casinos : Parallels ... Nov 7, 2014 ... The southern Chinese city of Macau is the global capital of casino gambling. Last year, revenue rose about 20 percent, hitting $45 billion ... Macau can't survive without gambling - Business - CNN.com Oct 28, 2015 ... Macau hit by gambling crackdown ... But now, VIP gamblers are avoiding Macau because of an intense anti-corruption campaign in Mainland ... Analyzing the Casinos & Gambling Industry in China 2018: Macau's ...
Asia’s gambling hot-spot Macau has been hard hit by China’s crackdown on corruption, which has kept high rollers and their wallets off the betting ... Corruption crackdown, China economy, hit Macau gaming revenue