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realfast95

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realfast95

Re: None

Monday, 02/02/2015 7:10:47 AM

Monday, February 02, 2015 7:10:47 AM

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Hurdles face junket operator listings, paper says

Posted: 1/29/2015 12:29:22 PM

The mainland’s campaign against corruption is a big obstacle to Macau VIP gaming promoters Iao Kun Group Holdings Co Ltd and Sing Hou Entertainment Group Ltd listing their shares at the Hong Kong Stock Exchange, Apple Daily reports.

The Hong Kong Chinese-language newspaper Apple Daily quotes unidentified sources as saying the campaign raises questions about the business of junket operators because it deters rich mainlanders from showing off their wealth by gambling in Macau.

The sources said there were also doubts about the business model of VIP gaming promoters.

http://www.macaubusiness.com/news/hurdles-face-junket-operator-listings-paper-says.html
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