The concerns centre on a casino “resort entertainment” voucher programme which gives UnionPay card holders access to gaming chips. Photo: Reuters The concerns centre on a casino “resort entertainment” voucher programme which gives UnionPay card holders access to gaming chips. Photo: Reuters
The concerns centre on a casino “resort entertainment” voucher programme which gives UnionPay card holders access to gaming chips. Photo: Reuters
China economy

Singapore casino at risk of Beijing crackdown over capital flight through potential misuse of UnionPay network

Potential misuse of banking network and the violation of China’s currency controls could well lead to Beijing extending its action over capital flight

Topic |   China economy
The concerns centre on a casino “resort entertainment” voucher programme which gives UnionPay card holders access to gaming chips. Photo: Reuters The concerns centre on a casino “resort entertainment” voucher programme which gives UnionPay card holders access to gaming chips. Photo: Reuters
The concerns centre on a casino “resort entertainment” voucher programme which gives UnionPay card holders access to gaming chips. Photo: Reuters
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