HONG KONG/MACAO -- Revenues in Macao's casino business are climbing back toward pre-pandemic levels, but clouds of uncertainty are gathering as authorities clamp down on unlicensed money changing operations that play a key role in the industry.
Politics
Macao casinos rake in revenue as authorities target money changers
Unlicensed services for gamblers seen as path to skirt Beijing's capital controls
Macao in June: Some mainland Chinese are believed to use casinos in Macao as a way to circumvent strict capital controls by Beijing. (Photo by Ken Kobayashi)
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