Search Results for: China
China’s Casino Crackdown Part of Quest to Transform Macau
September 27, 2021
Government plans to further integrate hub with the mainlandBeijing pushing non-gaming sectors like tourism, sport events
Sourc...
China Just Blew Up the Casino Market in New Regulatory Crackdown
September 24, 2021
China wants to impose significant new oversight over the casino industry.Included are limits on the number of concessions issued ...
Are Hong Kong property tycoons China’s next target?
September 23, 2021
FOR ANYONE who wasn’t paying attention, China is serious about its common prosperity drive. Aiming to rein in billionaires and ...
China shows why Asia’s casino bubble was always doomed
September 21, 2021
This losing streak is a long time coming. And, not surprisingly, it bears China's fingerprints. As part of President Xi Jinping's...
Macau Catholic university to admit students from mainland China
September 21, 2021
University of Saint Joseph can recruit mainland students for postgraduate programs excluding theology and philosophy
Source: h...
China’s Billionaires Are Losing Billions Fast
September 20, 2021
Pinduoduo founder Colin Huang’s wealth has dropped by an astonishing $27 billion this year, according to the Bloomberg Billiona...
Wynn, Las Vegas Sands Tumble on China’s Casino Crackdown
September 17, 2021
Wednesday’s selloff started in Asia, where Macau’s top gaming stocks listed in Hong Kong lost a record $18.4 billion in combi...
China, Vietnam agree to deepen law enforcement and security cooperation
September 17, 2021
Guo Shengkun, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, met with Vietnam's minis...
Macau casino stocks lose $19 billion in a day as China tightens control
September 16, 2021
Macau’s top gaming stocks lost a record $US14 billion ($19.1 billion) in combined market value on Wednesday after officials sai...
China is holding approvals on new online games, will police “wrong set of values”
September 15, 2021
On Sept. 9, Hong Kong's media South China Morning Post reported that China's regulators are will be holding the approvals for new...