Macau Elects Former Judge Wary of Casinos as Its New Leader (www.bloomberg.com)
from alphacyberranger@sh.itjust.works to world@lemmy.world on 13 Oct 2024 14:52
https://sh.itjust.works/post/26565701

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MediaBiasFactChecker@lemmy.world on 13 Oct 2024 14:53 next collapse
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https://www.bloomberg.com/news/articles/2024-10-13/macau-elects-former-judge-wary-of-casinos-as-its-new-leader

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Lux@lemmy.blahaj.zone on 13 Oct 2024 23:26 next collapse

That post title took way too long to read

fubarx@lemmy.ml on 14 Oct 2024 18:43 collapse

statista.com/…/gross-revenue-from-gaming-and-gamb…

Macau, along with Hong Kong, is one of two Special Administrative Regions in China. Gambling in Macau, which was legalized in the 1850s, makes up a large portion of the region’s economy. Revenue from gaming and gambling there exceeded 29 billion U.S. dollars in 2019. To put this into perspective, gambling revenue in one of the most famous gaming centers in the world, Las Vegas, generally reaches around eight billion U.S. dollars annually. The majority of gambling revenue in Macau is generated from games of fortune, including poker, baccarat and roulette, among others.