The Macau Metro Monitor, February 6, 2013
MACAU CASINOS DECLINE AFTER REPORT ON JUNKET CRACKDOWN Bloomberg, Macau Business
China’s government will start taking action this month to clamp down on junket operators that bring gamblers from the mainland to Macau, the Times reported, citing unidentified people in law enforcement. The action will involve police operations in six Chinese cities and is part of an anti-corruption campaign led by Xi Jinping, the Communist Party general secretary, the U.K. newspaper reported. “The squeeze has already started on a small scale, but the operators themselves believe that something bigger is coming within the next few weeks,” The Times quotes an unidentified Macau gaming industry source as saying.
SINGAPORE CONSUMERS LIKELY TO CUT BACK ON SPENDING IN 2013: SURVEY Channel News Asia
Consumers in Singapore were less confident in 4Q 2012, signalling a potential slowdown in consumer spending in 2013, according to a survey by global information and measurement company, Nielsen.