Local companies apply for Saipan junket licenses

Most bidders for junket promotion licenses in Saipan are from Macau, according to AAstocks Financial News. The Saipan Tribune reported earlier this year that Saipan’s Commonwealth Casino Commission “has approved regulations and guidelines for junket operators who are expected to bring high rollers to gamble at the Saipan casino.” The U.S.-administered Saipan is the most populous of the Northern Mariana Islands.

Locals complain about Zhuhai properties

The Zhuhai Customers Association has said that 27 of the complaints it received in 2015 were from Macau consumers, TDM reported.  Peng Jiu Ru, president of the Zhuhai Customers Association, announced that 270 complaints were filed in 2015 representing more than RMB8.6 million in transactions. Twenty- two of these cases concerned Macau residents who purchased houses in Hengqin. “The difference in real estate policies [between] the two regions is the main reason for the dispute,” Peng said. Peng appealed to members of the public that live in different regions to first understand the region’s relevant laws and regulations before making purchases. He also acknowledged that controversial consumer issues that involve less than RMB5,000 could be settled through arbitration.