Hong Kong politician Maria Tam steps down from Macau Legend board
Veteran Hong Kong politician Maria Tam Wai Chu has stepped down from the board of Macau Legend Development Ltd. According
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Veteran Hong Kong politician Maria Tam Wai Chu has stepped down from the board of Macau Legend Development Ltd. According
The head of Macau's second largest junket group has been arrested by the city's police, as authorities tighten the leash on the gambling hub's multi-billion-dollar industry. The Chinese territory has seen increased scrutiny from the mainland, with a step up in crackdowns and tighter regulations for the gaming sector. The latest move came Sunday, when…
Macau Legend Development's share price plunged by as much as 30% in Hong Kong on Monday.
Chinese territory's multi-billion-dollar casino industry has come under increased scrutiny from mainland officials
Analysts said the arrests herald a new era of zero tolerance of the promotion of gambling in mainland China, where all forms of gambling are illegal.