Caixin
Jul 30, 2014 05:16 PM

Snake Eyes and Scrutiny for Macao's Casinos

(Macao) -- Mainlanders looking to skirt the Chinese government's strict currency controls for a little high-stakes gambling need not look far after reaching the city of Macao.

The Macao way-around, which relies on UnionPay debit cards and pawn shops, is one reason why authorities in recent months have been scrutinizing the freewheeling, sometimes illegal financing that often goes hand-in-hand with casino gambling in this former Portuguese colony.

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