New direction leaves an uncertain future, writes Professor I Nelson Rose.
JUNKETS and high rollers are out. Mass-market is definitely in. The six current casino concessionaires in Macau, including the American companies MGM, Wynn and Las Vegas Sands, are, rightly, mostly concerned about whether they will be allowed to continue to operate casinos. But they should also be concerned about what those casinos will look like.
Macau is the only casino market in the world where the regulation of patrons is more important than restrictions on the casinos themselves. And the leaders of the Peoples Republic of China are now trying to force the largest casino jurisdiction in the world into a Marxist model.
Read the full article in the April issue of InterGaming
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