Macau casino operators can’t catch a break.
Just as gambling revenue in the city is starting to recover from a two-year slump, concern is building that the central government’s increased scrutiny on capital outflows will once again curtail spending in Macau’s casinos.
Galaxy Entertainment Group and Sands China tumbled more than 3 percent in intraday trading on Hong Kong’s stock market yesterday after the central government’s currency regulator announced extra requirements for mainlanders seeking to buy foreign exchange.
Pedestrians in Praça de Ferreira do Amaral walk near the Lisboa and Wynn casino-hotels earlier this week. Photo: Tony Wong
