Asia Casino

Asia Casino

Macau casino stocks lose $19 billion in a day as China tightens control

Macau’s top gaming stocks lost a record $US14 billion ($19.1 billion) in combined market value on Wednesday after officials said they would change casino regulations to tighten restrictions on operators, including appointing government representatives to “supervise” companies in the world’s biggest gaming hub.

Source: https://www.brisbanetimes.com.au/business/companies/macau-casino-stocks-lose-19-billion-in-a-day-as-china-tightens-control-20210915-p58rvb.html