Macau's Casino Middlemen Squeezed by China's Delinquent Debtors

  • Monthly VIP wagers fall more than two-thirds from 2013 levels
  • More than 30 VIP rooms closed in past four months, group says

Kwok Chi-chung, president of Macau's Association of Gaming and Entertainment Promoters. Photographer: Xaume Olleros/Bloomberg

Macau’s gaming promoters, who loan money to Chinese high-rollers for gambling in the city’s struggling casinos, increasingly find themselves in a new line of business: debt collection.

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