18/10/2026
"On the very same day People made its offer, Beijing published a new set of regulations on wealth crossing its borders and imposed strict fines for firms and individuals who flout the rules. A month later, China said it would start taxing individuals’ income from assets placed in offshore trusts. That was followed by tighter curbs on travel, aimed at protecting China’s industrial and technological interests.
Those campaigns have collectively made aspiring high-rollers reluctant to leave mainland China to visit and splurge in the territory, according to Macau-based consultant Ben Lee. Total gambling revenue in the hub remains stuck below pre-pandemic levels and is now expected to grow just 5% for the full year, according to analysts at Seaport, down from their earlier expectations for more than 7% growth.