Macao Country Report
In September 2017, a Macao gaming company proposed a USD500-million cryptocurrency Initial Coin Offering (ICO) backed by a former leader of the 14K triad in Macau, Wan Kuok-koi. The involvement of financiers with known connections to organised crime in a poorly regulated sector underscores the challenges facing Macao's anti-corruption efforts. Nonetheless, growth in the gaming industry has improved since 2016. Casino Gross Gaming Revenue (GGR) grew by about 19% in 2017, the first positive annual growth rate since 2013. The infrastructure of the territory has been substantially upgraded since the return to Chinese sovereignty in 1991 and will continue to receive further investment from mainland China.
Terrorism risk is negligible in Macao, with no known groups operating in or from the territory.
None of mainland China's potential adversaries will probably target Macao in a military conflict, and Macao's government faces no violent domestic threats.