Macau officials to meet gaming industry after stocks roiled, Economy News & Top Stories


Source: singaporenewslive.com singaporenewslive.com

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MACAU (BLOOMBERG) – Macau government officials will meet gaming industry players on Monday afternoon (Sept 20) to consult operators on proposed revisions to casino law revision that last week sent stocks in the world’s largest gambling hub into freefall. The meeting will be the first – and only – such gathering between the two sides during a 45-day consultation period on the legal revisions that’s set to end on October 29. Attendees will include casino operators and junkets, which provide services to high-rolling betters and extend them credit. Industry representatives expect authorities to give them more details on the proposed...