Venetian Macau Casino Sues Two Gamblers Over $4.4 million Gambling Debt

Venetian Macau Casino Sues Two Gamblers Over $4.4 million Gambling Debt

According to casino officials, the two high-rollers borrowed money in the form of gaming chips.

Macau is the only place in China that allows gambling, so many wealthy Chinese gamblers travel there to play, but debts that are accumulated there are not recognized by mainland Chinese courts and casinos risk losing money once the gamblers return home.

Macau casinos brought in $38 billion in annual gaming revenues in 2012. Steve Wynn, who also owns Las Vegas casinos, also has a casino in Macau.

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