Macau's Chief Executive Edmund Ho has announced a freeze on gaming licences and the construction of new casinos.
Last month, Macau celebrated the onset of the Year of the Rat, signifying prosperity and wealth; and this month employment figures and new numbers from the government showing surging poker and gambling revenues and investments in luxury hotels and the entertainment industry have given Macau investors new reasons to celebrate, as the former Portuguese enclave is now Asia's richest territory.
