Tag Archives: visas
- Macau institutes transit visa restrictions, struggles to nab UnionPay cheats
June 18, 2014
As promised, Macau has imposed new restrictions on Chinese tourists who ‘transit’ through Macau to another destination. Previously, mainland tourists who used Macau as an intermediate stop on their way to a third port of call were allowed to stay seven days in the world’s top gambling hub, but this...
- Macau casinos double-whammied by debit card and visa crackdowns
May 8, 2014
Shares in Macau casino operators took a pounding on Thursday after China announced it would impose restrictions on the use of state-backed payment processor UnionPay. By law, Chinese citizens are permitted to take RMB 20k (US $3,200) in cash out of the country per trip, with a RMB 50k annual...
- Macau based analysts conflict over effect of visa restrictions
June 26, 2012
Some of Macau’s largest casino business firms have seen stocks plummet due to problems with certain Chinese credit cards and visa restrictions. Macau Daily reported that neighboring Guangdong is considering the tightening of visa issuance to the enclave. At the same time UnionPay confirmed that customers would be limited to...
AGTech inks online lottery deal with China’s Alipay
March 24, 2017
Huobi wants Chinese bitcoin users to explain source of funds
March 22, 2017