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The seizure of UnionPay point of sale terminals (POS) from pawn shops in Macau earlier this month triggered a slide in operator shares on fears of tighter capital controls, though the continued use of illegal devices means there has been little impact on revenue.
Elephants took to a football pitch in Thailand’s ancient capital of Ayutthaya this week in an effort to raise awareness among young people about illegal gambling.
Hong Kong police have seized bets worth HK$78 million ($9.9 million) from a gambling ring taking bets on the FIFA World Cup, local media reports.
UBS has raised its gaming estimates for the mass market for 2018 to 18 percent from 17 percent previously, though adds the sector is likely to be the most affected by the government’s confiscation of China UnionPay point-of-sale terminals.
Macau authorities, in conjunction with Chinese banks, have been removing China UnionPay point of sale terminals from pawn shops operating in casinos, creating jitters the move may herald a broader attempt to control capital outflows.