Ann: Change in substantial holding - PPT, page-18

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  1. 171 Posts.
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    Partially agree Michael. There are still PLENTY of rich (clean skin) Chinese, STILL gambling and with no threat of corruption charges being brought against them but....there is absolutely no refuting the fact that Macau has suffered because of the crack down. Whether that plays out in other destinations and other 'levels' of players, is yet to be seen. I'm still confident that it won't.

    Just a correction for you. There are currently 75000 found guilty of some level of corruption and many more under investigation, not 600-700. Staggering number isn't it. Only a small portion were actually punished but you can see why anybody with a little dirt on them are staying away from the unwanted scrutiny of Macau at least.


    http://www.scmp.com/news/china/arti...d-graft-more-big-tigers-unlikely-says-analyst
 
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