Monday, 14 September 2015

Macau is getting rocked by reports of a $258 million casino heist

Macau is getting rocked by reports of a $258 million casino heist

Some more bad news for Macau's high rollers — or what is left of them. On Thursday, the Hong Kong-based investment bank Daiwa Capital Markets published a report saying that as much as $258 million had been stolen from a junket operating inside Wynn Macau. In Macau, junkets operate as third parties within casinos, bringing in cash that high rollers — the VIPs who bet big at the casino — use to leverage their bets.
Read more: http://ift.tt/1M88AUM

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