China’s anti-corruption campaign hit hard last year: sales of Maotai liquor are down, luxury sales are on the slide, and the number of high-end clubs and restaurants shrank. Everything, it seems – except Macau’s casinos.
With the start of the Year of the Horse, a new influx of mainland gamblers will rush into the former Portuguese colony, now the only legal place to gamble in China. The turnaround from a year ago is remarkable. Read more