SUBSCRIBERS
Macau's house of cards topples as investors lose big on junkets
It has sped up the shift away from VIP gamblers to the mass-market segment of less wealthy tourists
Published Wed, Nov 25, 2015 · 09:50 PM
Macau
THE theft of millions of dollars from investors in a Macau junket operator has sparked months of protests and hastened the demise of a business model that greased the wheels of the US$44 billion global gambling hub for over a decade.
Brandis…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
France's Casino supermarket chain to axe up to 3,200 jobs
Prada outshines rivals with 16% revenue lift boosted by Miu Miu
Toymaker Hasbro posts quarterly profit beat, slower sales decline
Hilton lifts 2024 profit forecast on international travel demand
China knockoff raid jolts a global throng of fake-fashion influencers
Roche cuts pipeline after research setbacks and sales drop