poker casino aucklandMacau gamblers will now be able to send more cash to mainland bank accounts thanks to a PBOC decision. If the SAR does create a stock exchange, the increased money transfer limit would become all the more important because it’s likely many of the participants in a Macau stock market would be based on the mainland.Gaming ImpactPBOC did not explicitly mention integrated resort operators in its statement on the increased cash movement limit. It’s a move that could eventually prove black oak casino weatherbeneficial to the peninsula’s six gaming concessionaires. online casino real money virginia“Card rooms generate about million in local taxes and support nearly 13,500 jobs. (Image: Business Insider)PBOC said the new cap on cash transfers from Macau to Mainland China is 80,000 yuan (,400), up from 50,000 yuan (,140).The measure will be implemented in the near future and will make trade between the two markets more convenient,” reports Reuters, citing PBOC.The central bank’s move was announced as President Xi Jinping visited the Special Administrative Region (SAR) to take part in festivities commemorating the 20th anniversary of the handover of Macau to China from Portugal.Move Makes SensePBOC’s plan to lift the ceiling on Macau-to-mainland money transfers is a practical step for a number of reasons. If the SAR does create a stock exchange, the increased money transfer limit would become all the more important because it’s likely many of the participants in a Macau stock market would be based on the mainland.Gaming ImpactPBOC did not explicitly mention integrated resort operators in its statement on the increased cash movement limit. chukchansi casino facebook

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