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Several of the region’s wealthiest casino moguls saw their fortunes tumble this week after officials in Macau launched a regulatory review that threatens to tighten the government’s grip on “Asia’s Las Vegas.”
The Macau government said on Tuesday that it’s seeking to re-evaluate the laws that govern the world’s largest gambling hub. The 45-day public consultation covers issues including the number and the duration of licenses for casino operators, as well as the introduction of government representatives to supervise gaming operations.
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