China Casino Detentions Cast Pall Over Macau’s Recovery
- Staff of Australian operator Crown held for gambling crimes
- Macau’s high-rollers market seen affected as marketing halted
Packer Concerned About Detained Crown Employees
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China’s detention of 18 Crown Resorts Ltd. employees may have been intended as a warning to foreign casinos, but it’s also unsettling gambling businesses in Macau, the nation’s own betting enclave.
In theory, the detentions of workers at the Australian company late last week shouldn’t affect Chinese casinos and could even help them by putting higher scrutiny on competitors outside of Macau. But a more watchful government eye is unwelcome in an industry that has been roiled by corruption crackdowns in the past few years.