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Macau, China’s sole gambling mecca, is the inverse of Las Vegas. Its tiled promenades are tidy and largely free of panhandlers. There are no flashing pyramids or fake Eiffel Towers, but plenty of stone facades designed centuries ago by Portuguese craftsmen. Inside its 30-plus luxury casinos, gamblers tend to...
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The Monetary Authority of Macau (AMCM) has issued guidance prohibiting financial institutions operating in the region from providing financial services to any businesses involved in virtual currency, citing concerns... -
She paid a smuggler and was tucked into the hold of a ship for the overnight boat ride away from extreme poverty and a dead-end life in rural China.... -
→ Gambling hub expected to show seventh straight month of growth → Recovery threatened by property curbs, capital restrictions Chinese high rollers are pulling Macau out of its doldrums, helping... -
Bucking overall market trends, Macau casino operator SJM Holdings reported revenue, earnings and profit declines in the first half of 2017. Figures released Tuesday show the Hong Kong-listed SJM’s gaming revenue...