CHINA TOPIX

12/23/2024 01:00:35 am

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Casino Lisboa and neighboring casinos at night in Macau.

Fortunes of Macau Casino Moguls Falls as Gaming Revenue, Share Prices Drop

Macau's casino billionaires saw their fortunes drop following 2015's 34.3% decline in the revenue of Macau's casinos. The decline also affected stock prices of Macau's six casino concession holders. After a steady surge both in stock prices and casino revenues in early 2014, the six concessionaires' shares lost their value by two-thirds on average. Forbes' Mohammad Cohen quipped that obviously Macau's rich are no longer as rich as they were.

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China to Crack Down On Foreign Casinos Luring Chinese Gamblers

China is launching a crackdown on foreign casinos, luring its citizens to gamble abroad, a move that broadens the country's campaign against corruption.

Father Leaves 14-month old Baby Inside Car While Gambling At Casino

Father Leaves 14-Month Old Baby Inside Car While Gambling At Casino

A father left his 14-month old child inside his car while he gambled at a Harrington casino

Casinos in Macau

Single Mom Leads Labor Protests Against Macau Casino Giants

A single mother who leads one of the biggest workers labor union in Macau asserts their right to a cleaner air, better wages, and better working conditions as the casinos in the gambling hub continue to ignore their plight.

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