The American operators that entered China’s gambling mecca in the past decade took big gambles. Despite years of record …
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Must-Reads from Around the World, May 22, 2012
Summit Struggle – Ahead of Wednesday’s crunch E.U. summit, Der Spiegel reports that new French President François Hollande will pressure German Chancellor Angela Merkel to agree to euro bonds, which she has so far strictly …
Taiwan the Latest to Legalize Gambling
After 15 years of talks, Taiwan’s legislature has passed a bill to legalize gambling on the Penghu islands, located off the west coast of Taiwan’s main island. While Macau takes the lion’s share of Asia’s gaming dollars, reeling in more than $10 billion USD in 2007 (2008 figures haven’t yet been released), there’s no shortage …