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Last week, the casinos of Macau, the world’s largest center for in terms of revenues, got some bad news: smoking will be banned at all casino tables as of October, a move to protect workers’ health.
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That’s a problem for the island’s massive casino industry—which generated $45 billion last year, several times that of Las Vegas. Macau depends overwhelmingly on from the world’s largest nation of smokers—China. The mainland is home to about a third of the world’s smokers. About a quarter of the Chinese population smokes, compared to the global average of a little under 20%.
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Requiring to move to designated areas for smoke breaks will mean fewer or slower games, and ultimately less revenue. “We think a full ban will have negative impact on [gross gaming revenue] as the speed of the game could slow down,” Morgan Stanley wrote in a note last week. Anti-smoking advocates in the US have said that casino bosses there oppose smoking bans because they also worry that smoke breaks will give a moment to consider walking away from a losing streak or leaving with their winnings.
Last week, the casinos of Macau, the world’s largest center for in terms of revenues, got some bad news: smoking will be banned at all casino tables as of October, a move to protect workers’ health.+
That’s a problem for the island’s massive casino industry—which generated $45 billion last year, several times that of Las Vegas. Macau depends overwhelmingly on from the world’s largest nation of smokers—China. The mainland is home to about a third of the world’s smokers. About a quarter of the Chinese population smokes, compared to the global average of a little under 20%.
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Requiring to move to designated areas for smoke breaks will mean fewer or slower games, and ultimately less revenue. “We think a full ban will have negative impact on [gross gaming revenue] as the speed of the game could slow down,” Morgan Stanley wrote in a note last week. Anti-smoking advocates in the US have said that casino bosses there oppose smoking bans because they also worry that smoke breaks will give a moment to consider walking away from a losing streak or leaving with their winnings.