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