South Korea's casinos court China's 'low rollers'

May 5, 2015

South Korea's casinos court China's 'low rollers'

The dealing rooms of Seoul’s foreigners-only casinos are echoing to the sound of Mandarin as operators target a new breed of ‘low-roller’ gamblers — Chinese shoppers. The country’s casino operators are luring Chinese tourists, offering goods like free rice cookers and Apple iPads in ...

Macau sex ring bust shows China expanding crackdown on graft

Jan 16, 2015

Macau sex ring bust shows China expanding crackdown on graft

The arrest of a prominent Macau executive in the largest prostitution bust in the city’s history shows Chinese President Xi Jinping is broadening his crackdown on corruption to restrict even long-tolerated vices. Police in the former Portuguese colony arrested Alan Ho, handcuffing him and ...

Xi warns Hong Kong and Macau in 'one China' message

Dec 20, 2014

Xi warns Hong Kong and Macau in 'one China' message

Chinese President Xi Jinping warned Hong Kong and Macau on Saturday to remember they are part of “one China,” as pro-democracy campaigners in both semiautonomous territories call for free leadership elections. Security has been tight during Xi’s two-day visit to Macau to mark the ...

Gambling debt cripples Macau 'junket' model

Nov 30, 2014

Gambling debt cripples Macau 'junket' model

Companies that connect China’s wealthy gamblers to Macau’s casinos are waiting as long as a year for gamblers to repay billions of dollars of loans, crippling the business model of an industry that sustains the world’s biggest casino center. These “junket” businesses, which lend ...

China's anti-graft drive puts the squeeze on Macau's casino junkets

Sep 25, 2014

China's anti-graft drive puts the squeeze on Macau's casino junkets

Macau’s casino junket operators are feeling the squeeze as China’s anti-corruption drive has blown a hole in the world’s biggest gambling hub. Some are shifting players elsewhere, like the Philippines and Vietnam; others are quitting the business. Junket rooms in casinos can contain dozens ...

Macau casino dealers take industrial action for first time

Aug 30, 2014

Macau casino dealers take industrial action for first time

Casino dealers working in one of the most popular casinos in the gambling hub of Macau started industrial action on Saturday for the first time in the Chinese territory as discontent over salaries and working benefits spreads. More than 1,000 dealers working for SJM ...

Macau panel set to 're-elect' leader

Aug 29, 2014

Macau panel set to 're-elect' leader

Macau Chief Executive Fernando Chui is widely expected to be “re-elected” on Sunday after the pro-China government stifled an unofficial referendum on democracy, taking a much harder line on the gambling hub than leaders have in neighboring Hong Kong. The election in the tiny ...

Aug 25, 2014

Five arrested in Macau over unofficial democracy poll

Police in Macau detained five people involved in staging an unofficial referendum on democracy in the southern Chinese territory, organizers said, nearly two months after activists angered Beijing by conducting a similar poll in Hong Kong. The informal referendum among Macau’s 600,000 residents coincides ...