Last quote by Alex Bumazhny
I don't think Japan is going to catch up with Macau for the simple reason that I think Japanese lawmakers, when they're making the bills, will limit the amount of gaming that could take place. What we're talking about is two to three large integrated resorts, maybe a couple more regional type of small casinos, so limited amount of positions. And they may even limit locals from gambling or have a fee like they do in Singapore where locals have to pay a fee to get into the casinos. So, all these things may constraint the actual amount of revenue that could be generated in Japan.feedback
“Macau relies on people bringing a lot of cash into the market, it also relies on junkets who operate by lending money to mainland residents ... there are also visa restrictions that can be used to further open or close the market.” said Alex Bumazhny on this article: Parisian Macau opens Tuesday but China economy a concern for Macau gambling revenues. This page contains 2 articles quoting Alex Bumazhny. Main topics on which Alex Bumazhny is quoted are China and Macau. In addition you’ll find 3 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
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Quotes by Alex Bumazhny
Sep 13 2016
Macau relies on people bringing a lot of cash into the market, it also relies on junkets who operate by lending money to mainland residents ... there are also visa restrictions that can be used to further open or close the market.feedback
Sep 13 2016
For that or a similar scenario to play out, China must avoid a hard-landing.feedback
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