Wynn Earnings Report Shows Vegas Weakness, Macau Improvement
Proxy gambling is not permitted in the Macau industry, according to a extended-standing instruction from the city’s gaming regulator. In reference to the declining number of junket operators in the market place, Chan mentioned, “Every year, the Gaming Inspection and Coordination Bureau will present a maximum number of gaming junkets with which the concessionaire can enter into an intermediary contract. The maximum number will take into account the improvement of the gaming sector, the size of the junkets and the…