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Macao casinos fall on China's currency scrutiny

Galaxy Entertainment Group Ltd, Sands China Ltd down more than 3% in intraday trading on HK stock market on Tuesday after announcement of new foreign exchange rules
Thursday, January 5, 2017 - 05:50

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Macau casino operators just cannot catch a break. Just as gambling revenue in the tiny enclave starts to recover from a two-year slump, concern is building that China's increased scrutiny on capital outflows will once again curtail spending in Macau's casinos.

Hong Kong

MACAU casino operators just cannot catch a break. Just as gambling revenue in the tiny enclave starts to recover from a two-year slump, concern is building that China's increased scrutiny on capital outflows will once again curtail spending in Macau's casinos.

Galaxy

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