Chinese Communist Party cracks down on Macau's casino industry


Source: aninews.in aninews.in

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Macau [China], October 6 (ANI): The Chinese Communist Party has started to crack down on the casino industry in Macau , one of China's special administrative regions. Those who support this crackdown say this is in order to target the "cross-border flows of funds for gambling, hitting the funding of Macau 's junket operators and their VIP customers". The party has announced various proposals including increasing the number of casino inspectors from 192 to 459. Other proposals include regulating the illegal lending and cash transfers that are linked to gambling. Macau is the only place in the whole region where...