Tag Archives: Macau

Macau gambling revenues hit first annual fall

After a decade of expansion, Asian gambling centre Macau has recorded its first ever growth decline, as city casino revenues fell by 2.6% to $44 billion. Asian business analysts expect tougher times ahead for the city, as it recorded a 30% monthly revenue drop this December. The gambling hub has been targeted the Chinese Public Security Ministry as China aims …

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Chinese Security targets major crime syndicates in Macau

Macau’s is set to be targeted by Chinese security chiefs who are preparing to launch a top tier offensive against money laundering and financial crime. China’s Ministry of Public Security will lead the clampdown in Asia’s gambling capital, as Chinese officials aim to attack major crime syndicates operating in Macau. The clampdown forms part President Xi Jinping’s ongoing war on …

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