Will US firms’ Macau casino licences get politicised by US-China trade war? Don’t bet on it

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Growth in Macau’s gambling revenue has slowed down since April. It reached US$3.1 billion in November, up 8.5 per cent from a year earlier – but down 8.5 per cent from October. Photo: Bloomberg

  • Investment banks forecast a cooling in Macau casino stocks on the back of an economic slowdown in China, reduced cash flows and policy risks
  • Shares in all six casinos have plunged since July

Topic |  
Macau

SCMP


Laura He

 


Louise Moon

 

Updated: Thursday, 24 Jan, 2019 6:33pm

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Growth in Macau’s gambling revenue has slowed down since April. It reached US$3.1 billion in November, up 8.5 per cent from a year earlier – but down 8.5 per cent from October. Photo: Bloomberg

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