Business Insider3y
Casinos made Macau one of the wealthiest places in the world — but they also brought heightened inequality and crime. Now, China is cracking down.
All this caused shares of casino companies, particularly American operators Sands China and Wynn Macau, to plunge. Getting Macau to amp up the non-gaming elements of the island will be a challenge ...
Philippine forces retake an island in mock combat as China's navy watches
Philippine forces have staged drills that included seizing an island in the South China Sea as Chinese navy ships kept watch ...
Macau Business8d
Special Report – “The explosion of scams in Southeast Asia has been unbelievable”
As the former Regional Representative of the United Nations Office on Drugs and Crime (UNODC) for Southeast Asia and the ...
BBC1y
Macau facing increased restrictions under expanded security law
Macau's government says the changes are in ... The former Portuguese colony of 682,000 people occupies a small peninsula and two islands off China's southern coast. It has a separate legal system ...
World Finance5y
Bank of China leads Macau’s bold financial reform and development initiatives
as well as the rest of the Guangdong-Hong Kong-Macau Greater Bay Area, is playing an important role in China’s international development Macau’s story is one of dramatic changes. From its origins in ...
Hong Kong construction titan turned Macau casino boss Lui Che-Woo dies aged 95
Lui Che Woo, the casino tycoon who helped propel Macau to eclipse rival Las Vegas in gambling revenues, has died at the age ...
Business Insider India3y
Casinos made Macau one of the wealthiest places in the world — but they also brought heightened inequality and crime. Now, China is cracking down.
"China sees how this creates social problems ... it does not address another missing element in the island's development: Macau's Euro-Asia history and heritage. "Gaming has overshadowed the ...