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Travel & Leisure

Macao slashes junket license issuance by almost half

Slimmed roster comes as legislators debate proposals to further restrict sector

High rollers recruited by junket agents for many years generated a leading share of Macao casino revenues.   © Reuters

HONG KONG -- Macao's gaming regulator on Wednesday approved 46 licenses for casino junkets to operate in the city, barely half the number issued a year earlier, in the latest sign of official resolve to reshape Asia's top gambling market.

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