J.P. Travis in News New Format

China cracks down on corruption Macau casinos empty

China cracks down on government corruption, Macau casinos suddenly empty. Casino revenue in Macau fell more than 30% in December.

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J.P. Travis: Born and raised in Grand Rapids, Michigan, 1976 graduate of University of Michigan, father, grandfather, husband, founder and CEO of Travelyn Publishing (http://www.travelynpublishing.com/), and passionate anti-government believer in individual liberty.

View Comments (6)

Not so silent says:

January 3, 2015 at 4:03 pm

Craps......
deepthinker says:

January 3, 2015 at 12:23 pm

Shhh don't say it too loud, otherwise dingy harry will lose a bunch more of our money
poppajoe49 says:

January 3, 2015 at 10:17 am

Maybe they're empty because the corrupt government officials don't have access to the money they spent in the casinos.
- JPTravis says:
  
  January 3, 2015 at 10:20 am
  
  Well yeah, that's the point. And it's funny that so much of the gambling in Macau turns out to have been with stolen public funds.
deepthinker says:

January 3, 2015 at 9:41 am

On this occasion the house did not win.
Joe Redfield says:

January 3, 2015 at 9:25 am

Fascinating article, with some ominous portents for the overheated US stock market.