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GGRAsia China bet-aid ban a Macau junket worry, JP Morgan says
Aggregated Source: ChinaLegalBlog.com

Dec 30, 2020 Newsdesk Latest News , Macau , Top of the deck

A “clear-cut ban” from March 1 under a mainland China criminal law amendment on anyone seeking to “organise” mainland Chinese for the purpose of gambling outside the country, could “escalate fear among junkets and agents” used to working in Macau and facilitating mainland clients to play in Macau casinos, says a Tuesday memo from JP Morgan Securities (Asia Pacific) Ltd.…

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