GGRAsia China bet-aid ban a Macau junket worry, JP Morgan says

Key Topics in this News Article:
News Snapshot:

Dec 30, 2020 Newsdesk Latest News , Macau , Top of the deck A ࢀœclear-cut banࢀ from March 1 under a mainland China criminal law amendment on anyone seeking to ࢀœorganiseࢀ mainland Chinese for the purpose of gambling outside the country, could ࢀœescalate fear among junkets and agentsࢀ used to working in Macau and facilitating mainland clients to play in Macau casinos, says a Tuesday memo from JP Morgan Securities (Asia Pacific) Ltd. Promotion within mainland China of gambling in casinos beyond its boundaries had already been ࢀœwell-understood to be illegal,ࢀ even before the law change, said the note from…

  • This field is for validation purposes and should be left unchanged.
  • Newsletter to Your Inbox

    China intelligence delivered each week!

  • This field is hidden when viewing the form