Macau's Future in Doubt as Crackdown Spurs Global Casino Selloff
Comment of the Day

September 16 2021

Commentary by Eoin Treacy

Macau's Future in Doubt as Crackdown Spurs Global Casino Selloff

This article from Bloomberg may be of interest to subscribers. Here is a section:

“Macau is already experiencing a challenging period where its top two biggest markets, the mainland and Hong Kong, are already constrained in terms of permitted travel,” said Ben Lee, a Macau-based managing partner at gambling consultancy IGamiX. “Add to that the recent crackdown on gambling as well as money channeling, one could easily draw the conclusion that the size of the market going forward will likely remain tightly controlled.”

Eoin Treacy's view

This additional article discussing renewed efforts to clamp down on bitcoin mining may also be of interest. https://news.bloomberglaw.com/securities-law/china-said-to-intensify-hunt-for-cryptocurrency-miners-in-hiding

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