Pursuits
China's High Rollers Are Back at Macau's Gaming Tables
- Gambling hub expected to show seventh straight month of growth
- Recovery threatened by property curbs, capital restrictions
Chinese High Rollers Pulling Macau Out of Doldrums
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Chinese high rollers are pulling Macau out of its doldrums, helping reverse the gambling Mecca’s two-year slump with cash created by soaring real-estate values and busy factory floors.
Revenue for some of the biggest junket operators -- middle-men who extend credit to big spenders -- has jumped more than 20 percent since the last quarter compared to a year ago, according to Kwok Chi Chung, president of the Association of Gaming & Entertainment Promoters of Macau.