SUBSCRIBERS
China curb on illicit money flows hurt Macau casino revenue
Published Wed, Dec 2, 2015 · 09:50 PM
Hong Kong
MACAU'S casino revenue fell for the 18th straight month in November, as China's moves to curb illicit money flows from the mainland deterred the high-stakes players who rely on junket promoters for betting loans.
Gross gaming revenue fell 32.3 per cent to 16.4 billion patacas (US$2.9 billion), accordin…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Japan’s 7-Eleven convenience chain targets aggressive global growth
Bubble tea maker Chabaidao slumps 10% in Hong Kong’s biggest 2024 debut
Parental fury after stem cell bank ruins thousands of samples in Singapore
China’s bubble tea boom creates a half-dozen billionaires
US sues to block Coach owner’s US$8.5 billion buyout of Versace parent
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO