The outlook across Macau is promising, but that’s not to say the market is a sure bet.<\/p>\n
A lingering unease comes from mainland China. Questions remain whether the federal government will reignite its crackdown of the flow of VIPs, and potentially mandate that more stringent regulatory oversights are implemented.<\/p>\n
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Macau’s local officials are doing everything in their power to keep the People’s Republic satisfied that its gaming industry is properly regulated. The special administrative region recently announced two in-depth reviews of gaming ahead of the 2020 and 2022 licensing renewal period.<\/p>\n<\/div>\n
Amid the VIP crackdown that lasted between 2014 and last year, many junkets closed up shop. In 2013, there were nearly 250 junket operators, but today, that number is just 126.<\/p>\n
“Operators are learning to be smart,” Huang explained. “China’s regulatory risks are always looming in the background.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Macau casinos won a staggering $45 billion in 2013, but China’s special gaming enclave has since been restrained due to anti-corruption measures implemented by People’s Republic President Xi Jinping. But with the crusade against junkets transporting VIP high rollers to the region easing, and Macau ready to post its first annual growth in four years, […]<\/p>\n","protected":false},"author":42,"featured_media":65984,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\n
Macau Positioned to Break All-Time Casino Win Record in 2019<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n