Macau Might Change Gambling Age To 21, Hurting Many Graduates
Macau has become the gambling capitol of the World, but that does not mean officials are bending rules, in fact, they may be in the process of making it harder for youngsters to gamble in their casinos.
Chief Executive, Edmund Ho has announced his plan to raise the gambling age in Macau from 18 to 21, a move that will have a profound impact on the casino gaming industry.
Millions of people age 18-20 are going to be left out of the casinos if Ho's plan is put into place, but the real problem could be within the industry itself, where many 18 year olds currently take up jobs in these casinos upon finishing school.
It is believed that if Ho does follow through with his plan, that he would allow a three year grace period for employees who would lose their jobs if the law was put in effect immediately.
The reasoning behind the age increase is that Ho believes that Macau must be socially responsible while their gambling enterprise builds to enormous proportions.
Just last year Macau generated $7 billion in gambling revenue, and that is almost $1 billion more than the famous Las Vegas Strip brought in.
