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Digital yuan to hit Macau’s VIP industry

The potential introduction of a digital yuan into Macau would be the final straw for the junket industry, which is already shrinking and diversifying its business model, Bloomberg reports. 

AGBrief Editorial AGBrief EditorialDecember 2, 2020 · 1 min read
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The potential introduction of a digital yuan into Macau would be the final straw for the junket industry, which is already shrinking and diversifying its business model, Bloomberg reports, saying the market regulator is already holding talks with casino operators about its adoption. Hear our recent podcast on the subject with Ben Lee.

Spectre of cashless gambling could reshape Macau’s gambling industry (Bloomberg)

AGBrief Editorial
Written by AGBrief Editorial The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers. More from AGBrief Editorial →