Macau hit by gambling crackdown

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Macau is the world’s largest gambling centre but revenues have declined sharply since 2014 — when China’s corruption crackdown first began to hit the enclave.

Slowing Growth in Macau and a Crackdown on Corruption Hit Overall, gaming has grown just 13% from the first 11 months of last year. Crackdown may hit gaming stocks Even more troubling is the crackdown of China's new government on corruption. Macau is James Packer's Macau casino hit by China's corruption James Packer's Macau casino hit by China's corruption crackdown Perry Williams Senior Reporter Updated May 20, 2015 — 6.06am , first published at May 19, 2015 — 5.27pm

Casino giant Wynn Resorts hit by Macau slowdown - bbc.com

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 ...

Gambling in Macau - Wikipedia

Macau casinos cash in again as China’s luxury ... Macau was hit hard by President Xi Jinping’s corruption crackdown ... Macau’s gambling ... Macau: crackdown hits casino shares | Financial Times Is the new leadership in Beijing going to crack down on the ... Macau: crackdown hits ... rooms in Macau casinos and then collect the gambling ... James Packer's Macau casino hit by China's corruption ...

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 has been hit by a sharp rise in casino-linked crime as gaming revenues nosedive amid Beijing's drive to clean up the world's biggest gambling hub, putting the cash-squeeze on its notorious ... Chinese Government Card Swipe Crackdown Hits Macau Chinese Government Card Swipe Crackdown Hits Macau May 24, 2014 By David Sheldon Gambling funds obtained through illicit card-swiping in Macau are estimated to amount to 12 percent of mass market ... Macau’s casinos have a dangerous addiction to baccarat