China’s Ministry of Public Security held a press conference (16 January 2020) to give an update on progress with its three-year ‘Broken Chain’ initiative to reduce gambling by Chinese citizens. The initiative began in 2019 and has already resulted in 7,200 criminal cases being brought.
MGM has just replaced its head of casino in Springfield Massachusetts, Mike Mathis, with Chris Kelley after flagging revenue sales, according to the Boston Globe.
Several sections of the media and parliament have made it one of their new year resolutions to give the UK gambling industry a good kicking. Already in the first few weeks of 2020 the use of credit cards, streaming of football matches, use of age verification databases and VIP schemes have been the subject of attack.
The profile of Macau’s baccarat market has changed greatly in the last few years, to the extent that the VIP and mass market tables are now contributing an almost equal share of the revenues.