HONG KONG: Senior Macau casino and junket executives met with authorities in the world's biggest gambling hub on Monday seeking details on proposed regulatory changes but received little in the way of clarity.
The 70-minute meeting, shown online, highlighted the uncertainty hanging over the industry since the government kicked off a regulatory overhaul on Sept. 14. That has sent shares in the hub's casinos plunging, especially as Macau's lucrative casino licenses are up for rebidding next year.
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