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Tag Archives: International Monetary Fund

China – Monetary Fund urges Macau for new laws forcing diversification

The International Monetary Fund (IMF) wants the Macau government to double the expiration and probable renewal of the SAR’s six gaming licences over the next three years with an opportunity to diversify away from VIP, high roller gaming. After a recent visit to Macau, it said it hoped the government would use the expiration as…