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9 Dec 2016
The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half (see previous report). The Authority ...
The newspaper South China Morning Post precipitated a wide decline in land casino stock prices Thursday when it reported that China is imposing a drastic cut in UnionPay ATM daily withdrawal limits in Macau. ...
1 Jan 2016
Figures for December 2015 released Friday by the Macau’s Gaming Inspection and Coordination Bureau show that revenue for the last month of 2015 dropped 21.2 percent from a year earlier to 18.3 billion patacas, ...
14 Dec 2015
Moves to beef up supervision of the use of China UnionPay cards in Macau pawn shops - long believed to be a workaround on China’s stringent currency controls by gamblers - could prove to ...
30 Dec 2014
A directive from Macau’s Gaming Inspection and Coordination Bureau (GICB) informs junket operators of the introduction of a new measure that requires them to be in possession of a clean certificate of criminal record ...
21 Dec 2014
Perhaps motivated by a widespread drive against corruption in China, the vast country's president, Xi Jinping, called for tighter controls over gambling as he ended a brief visit to the Macau special region this ...
9 May 2014
Spurred on by complaints from microlenders and pawn shops who see as much as 40 percent erosion of their business through luckless gamblers resorting to bank cards rather than selling property to cover land ...