Tag Archives: Macau

Macau six set to increase employee wages

SBC News Macau six set to increase employee wages

Chinese news sources have reported that the six licensed Macau casino operators are set to increase employee salaries by a minimum of 5%, as the casino operators look to overcome a potential 2015 labour shortage in the Asian Gambling hub This week SJM Holdings stated to staff tha they would recieve a 5% pay rise in 2015. SJM Holdings will be …

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Macau gambling revenues hit first annual fall

SBC News Macau gambling revenues hit first annual fall

After a decade of expansion, Asian gambling centre Macau has recorded its first ever growth decline, as city casino revenues fell by 2.6% to $44 billion. Asian business analysts expect tougher times ahead for the city, as it recorded a 30% monthly revenue drop this December. The gambling hub has been targeted the Chinese Public Security Ministry as China aims …

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Chinese Security targets major crime syndicates in Macau

SBC News Chinese Security targets major crime syndicates in Macau

Macau’s is set to be targeted by Chinese security chiefs who are preparing to launch a top tier offensive against money laundering and financial crime. China’s Ministry of Public Security will lead the clampdown in Asia’s gambling capital, as Chinese officials aim to attack major crime syndicates operating in Macau. The clampdown forms part President Xi Jinping’s ongoing war on …

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