You are here

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


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.

Brandishing banners and loudspeakers,