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- Listed: 30 January 2022 5 h 53 min
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Chinese gaming revenues aren’t expected to be the main driver of the Vegas gambling growth anytime soon. Authorities in China are currently looking into more than 30,000 instances of gambling that is transnational. The economy is strained and it’s becoming more difficult for foreigners to transfer money outside the country. However the Biden Administration’s decision to ease Covid-19 restrictions will help the overall revenue from gaming in Nevada. According to reports, Melco Cyprus, the owner of Cyprus Casinos (C2) properties located in the Republic of Cypriot, is planning to expand its workforce by 260 percent. The company plans to expand its operations in Asia, where it is an important player within the Chinese VIP market.
The casino VIP program often includes multiple levels. Members are rewarded for their effort and earn money as they move up the ranks. Some casinos reward players for reaching a particular level by giving them special bonuses. It could take a while before international travel returns to regular. However, it’s worth it. Although the news may be disappointing, it’s worth the wait for the benefits that will come over time. Members might receive special benefits like travel vouchers or cash-free access to events.
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