Visa Restrictions Implemented by the Chinese Government Affect Macau’s Gambling Revenue, Credit Suisse Says


Source: casinogamespro.com casinogamespro.com

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It seems that the Government of mainland China has no intention of relaxing the strict regulatory rules issued to prevent the outflow of its residents to various gambling destinations, such as Macau. However, a new set of visa restrictions has been unveiled by local authorities, which left analysts quite unhappy with the results. The global investment bank and financial services firm Credit Suisse reported that the restrictive measures adopted by the Chinese Government may result in a 20% decline in the gross gaming revenue of Macau. And this may only be the beginning of more serious consequences for the special...