The gaming industry in Macau has contributed greatly to its economy, but the sector has been shrinking amid a crackdown. Photo: AFP
The gaming industry in Macau has contributed greatly to its economy, but the sector has been shrinking amid a crackdown. Photo: AFP
Macau

Junket king Alvin Chau’s arrest signals end of winning streak for Macau casinos as Beijing cracks down on gambling

  • Observers say Chau’s arrest has sent shock waves through the gaming industry as the junket business has been vital to the sector and long tolerated by China
  • Sector is expected to continue to shrink, but some expect a reinvention of casino hub’s economy centred possibly on entertainment and integrated resorts

Topic |   Macau
The gaming industry in Macau has contributed greatly to its economy, but the sector has been shrinking amid a crackdown. Photo: AFP
The gaming industry in Macau has contributed greatly to its economy, but the sector has been shrinking amid a crackdown. Photo: AFP
READ FULL ARTICLE