Sands China development plans rejected

Sands plans for further development of hotels and casinos have been rejected by the Chinese government. Concerns have been rising that Macau’s economy is too reliant on the gambling industry. Sands is currently developing several sites but was planning on 2 more. Macau has become the new Las Vegas reaping in huge profits. The casino industry is very strong and reporting huge profit growth.

Many casinos which cannot set up in Macau are now looking to go online. With legislation easing this should become easier, although many well established and successful online casinos such as www.CasinoAction.at will provide plenty of competition. Online casinos provide their players with an online casino bonus and many other goodies.

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