Is Macau Going to Chase Away VIP Gamblers Again?
The leaders of China seem intent on undermining Macau's renewed success. After sending their country's sole legal gambling destination into an economic near-death spiral three years ago -- a dive it has only recently managed to pull itself out of -- Beijing is taking steps likely to send the territory's casinos reeling once more.
Regulators of the gambling enclave said they intend to increase their scrutiny of casinos and impose new restrictions on the junket operators who bring high-rolling VIP gamblers to Macau. It was the same sort of intense examination of operations in 2014 that nearly killed the golden goose.
Image source: Getty Images.
Source: Fool.com
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