The future has come to Macau but the casinos and the city aren’t ready for it. A report from Sanford Bernstein says Macau’s real prospects for growth in the next decade lie in the mass market. But ...
Macau’s metamorphosis from gamblers’ guide footnote into the global gaming capital booking seven times the casino revenue of Las Vegas has inspired countries across Asia to try their own luck. From ...
JUNKET operators that connect China's wealthy punters to Macau's casinos are waiting as long as a year for gamblers to repay billions of dollars of loans, crippling the business model of an industry ...
MACAU — For years, shadowy middlemen known as junket operators fuelled the growth of the world’s biggest gambling centre, navigating legal restrictions and generating billions of dollars for United ...
What more does she need to do? Mandy Lieu, realising that her five-year relationship with Macau gambling tycoon Alvin Chau is going nowhere, has decided to cut ties, even though their union produced ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For years, shadowy middlemen know as junkets fuelled the growth of the world’s biggest gambling centre, ...
Macau is still crushing Las Vegas, but it needs to change its ways soon. However, what makes Las Vegas a more appealing option now is not gaming revenue, which only makes up about a third of the total ...
MACAU: Junket operators that connect China's wealthy punters to Macau's casinos are waiting as long as a year for gamblers to repay billions of dollars of loans, crippling the business model of an ...
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