In the past few weeks, there have been Hong Kong protests about having pro-democracy. However, these protests are taking a toll on Macau’s gross gaming revenue. But, according to Sanford C Bernstein, the impact of the Hong Kong protest will be damaging for Macau in the short term. Let’s take a look. The analysts have […]
A retired police officer in Hong Kong has been arrested for his involvement in a $12.9m betting scheme involving money laundering. So Wing-Yui, 72, has pleaded guilty at a Hong Kong court to one count of booking and seven further counts of money laundering. Let’s take a look. Interestingly, this is the second time this […]
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