Macau To Review Gambling Industry

From Wall Street Journal:

Macau’s government met with the city’s six casino operators Monday and said it would review the size and growth of the industry, including potentially restricting the number of gambling tables.

The government of the Chinese gambling enclave didn’t release specifics, but depending on the results of the review, government officials could enact new restrictions on one of the gambling world’s most promising growth markets.

The government in its statement said the six operators agreed officials should prevent “unlimited expansion” of Macau’s gambling sector, and government officials said the review would include the number of gaming tables. There were 4,390 gaming tables in Macau at the middle of the year, according to the latest figures from Macau’s Gaming Inspection and Coordination Bureau.

October 13, 2009 7:37 PM
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Categories: Economy