The enclave’s banking sector saw deposits rise by 2% in November compared with the month before. The figure itself rose to MOP416.1bn whilst domestic loans to the private sector dropped by a minuscule 0.3% to MOP164.6bn. At the same time external loans were up 2.4% to MOP151.9bn. It’s important to look at Macau’s banking sector when considering the casino business industry but many casinos have benefited from the VIP sector that operates through junkets and not banks.
Governor of one Filipino province has urged police chiefs to act against “kangaroo/guerilla-type” gambling operations before it’s too late. The Visayan Daily Star reports that Alfredo Marañon Jr, the governor of Negros Occidental, told police officers in Bacolod City that gambling with the rackets, especially on jai alai, continues to be prevalent. Senior Supt. Allan Guisihan, police director, insisted that they’d continue to go after the operators and stamp out the activities.