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Macau’s real GDP will contract by 5.9 per cent this year because of a fall in gambling revenue but will return to growth in 2017. This is the forecast of a report on Macau for the second quarter of this year by the Economist Intelligence Unit (EIU), published in...
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The Gaming Inspection and Co-ordination Bureau (DICJ) will start studying before the end of the year whether local dealers – also known as croupiers – should be barred from gambling in local casinos, DICJ Director Paulo Martins Chan said on Wednesday. Chan made the remarks after attending a phone-in programme hosted by Ou...
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Macau on Tuesday (Mar 1) posted its best monthly gambling revenue performance since October last year and the smallest drop in growth in 20 months as an increase in Lunar New Year tourists boosted the world’s largest casino hub. Macau’s economy, which relies on the casino industry for over...
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Responding to a resident’s comment that “gambling is 90 percent a scam”, newly appointed Gaming Inspection and Co-ordination Bureau (DICJ) Director Paulo Martins Chan said that the government would do its best to minimise any possible negative impact that the gaming industry may have on civil society. The director,...