Analysts are bullish on the prospects of Macau casino operators like Wynn, as they expect the city’s government will allow them to retain their licences. Photo: Reuters
Analysts are bullish on the prospects of Macau casino operators like Wynn, as they expect the city’s government will allow them to retain their licences. Photo: Reuters
Macau
Business /  China Business

Macau’s gaming law reforms positive for casino industry, but outlook clouded by Covid-19 uncertainty, UBS, JPMorgan analysts say

  • Investors cheer changes to gaming law, with Sands China and Galaxy Entertainment leading the gainers
  • UBS positive on the sector through 2022, but the coronavirus situation is ‘the elephant in the room’

Martin Choi
Martin Choi

Updated: 9:22pm, 17 Jan, 2022

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Analysts are bullish on the prospects of Macau casino operators like Wynn, as they expect the city’s government will allow them to retain their licences. Photo: Reuters
Analysts are bullish on the prospects of Macau casino operators like Wynn, as they expect the city’s government will allow them to retain their licences. Photo: Reuters
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