World’s Largest Gambling Market Faces Concern In Terms Of Increased Government Scrutiny
The Macau government’s proposal for increased supervision on the gambling industry has quickly resulted in casino operator stock values plummeting. While any prospects of tighter regulations are just in talks right now, investors have already begun to fear that the casino industry players – especially international operators – will not fare well. Asia Pacific is the largest region in the global gambling market, accounting for 38% of the market in 2020, and Macau is seen as ‘Asia’s Las Vegas’.