The Macau Gaming Inspection and Co-ordination Bureau and leading operators have distanced themselves from a report in the South China Morning Post that suggests that side-betting, or ‘skimming’, has cost the Macau Government over US$5bn in lost tax revenue in recent years. Meanwhile, a court has suspended the operation of ferries carrying passengers to the Venetian casino from Hong Kong.
The global gambling industry is in a state of constant flux, evolving and growing at pace. The regulatory landscape requires professionals to stay on top of an increasing volume of complex regulatory demands.
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