DRAGON COIN. Block chains for Macau gambling may be what the government needs
At the moment, Macao's game industry continues to increase every month every year.
Looking at Macau gross gross margin (GRR), you can see that it steadily grew in 2017.
According to data from the inspection and coordination authority of Macao, Macau has an average GRR of 2 billion to 3 billion dollars a month.
And it is understood that VIP game accounts for 50% to 57% of GRR. This makes VIP game revenue an industry that is really advantageous for Macao.
Junket operator
Although the game industry has made many technological advances over the years, these innovations have focused on gambling floors to acquire more gamblers, including better detection capabilities to detect better slot machines and cheetahs I am counting on you.
However, these technological advances are mainly focused on commercial gambler as well. The game room and jacket of VIP did not change greatly in terms of appearance and operation.
Block chains bring the necessary innovation to mitigate the jacket industry's predicament. First of all, the high cost of transactions to support VIP gamers to bring wealth to elegant rooms, as well as relocating the victory by gamers. Please return to your country.
Using block chains to transfer values across borders is necessary for jacket operators and high roller gamers. This will bring the cost of the junk operator closer from 5% to 1%. The turnover of VIP gambling in Macau will be tremendous if you consider everyday things.
The Macao government
Since 2014 when China began anti-corruption activities, the junket industry was faced with a huge pressure that would result in more than two years of revenue reduction throughout the gaming industry.
Although this has changed completely, the Macau government wants to closely monitor the jacket industry in order to prevent shocks to the industry as a whole. Please look at these reports.
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Can government monitoring, utilities, utilities and public utilities be evaluated as harmful to the entire industry? No!
I do not agree that government regulation will be negative to the utility industry. I believe this is important, so jacket business can be successful in this special administrative area of the People's Republic of China.
Block chain strengthens the monitoring for the Macau government to monitor the jacket industry and provide vehicles for auditing. Proper KYC (knowing your customers) also helps the Macau government reduce illegal activity by some gamers and some jacket managers. Dragon Company has all of these and will be in good relationship with the authorities.
Dragon has brought a block chain to the old world junction operation that will benefit both the junketting operator and its VIP client. At the same time, encrypted dragon coins (DRG) will enable the Macau government to activate the VIP game market and make the Janet industry sustainable.
Learn about Dragon Coin:
Dragon's official site - Buy Dragon Coin (DRG) - https://drgtoken.io
White paper - https://s3.amazonaws.com/drg-token/Whitepaper-Dragon.pdf
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