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Stock market gamble can ruin teenagers

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I was pleased to learn that Macau might change the entrance rules in its casinos ('Macau may raise casino entry age to 21', November 15).

At present the entrance age for casinos in this gambling hub is 18.

This shows that the Macau government is concerned about the negative impact on the next generation of the city's enthusiasm for gambling, realising that teenagers are immature and may easily form false perceptions of gambling.

They may see it as a quick way to make money, thinking it is so easy to become a millionaire by spending a few dollars at a casino.

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Macau's concerns have made me think about the situation in Hong Kong, where our citizens are passionate about Hong Kong's biggest 'casino', the stock market.

I have heard reports of some teenagers quitting full-time jobs to gamble in this way, hoping to become millionaires overnight.

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