Canada The actions of the Casinos of Macau falls for fear of reinforced control of the Government

20:15  15 september  2021
20:15  15 september  2021 Source:   rfi.fr

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Macao dépend quasi entièrement du secteur du jeu, à hauteur de 55% de son PIB, l’île rapporte d’ailleurs plus en une semaine que Las Vegas en un mois. © Anthony Wallace AFP / Archivos Macao depends almost entirely from the game sector, up to 55% of its GDP, the island reports from Elsewhere more in a week than Las Vegas in one month.

The actions of the casinos are down sharply in China after the macao authorities a project of greater political control over the game industry in this city nicknamed the "Las Vegas of China". The losses of some of these institutions are involved in millions of dollars.

This vertiginous fall, which sometimes reaches a quarter of the value of a title, intervenes while a 45-day public consultation has just been launched. It aims to increase the surveillance of the game industry, while the sector already has strengthened control in recent years.

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The Government of this Chinese semi-autonomous region intends to place representatives in the boards of directors of casinos operators. Their role: supervise operations and suppress clandestine banking. Groups submitted to this hardening of restrictions hold the necessary licenses for exploiting casinos at Macao , the only city in China where silver games are allowed.

Macao depends almost entirely of the game industry, up to 55% of its GDP. The island reports more in a week than Las Vegas in one month. The government deplores such dependence on the economy, which is responsible for increasing the cost of living.

to read also : touched by the variant delta, macao departs all of its inhabitants

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