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Macau casinos jump on report of possible support from China
Liaison office head says govt studying how to boost the city's tourism and other measures
Add BT as a preferred sourcePublished Fri, Oct 2, 2015 · 09:50 PM
Hong Kong
MACAU casino operators spiked after monthly gaming revenue in the world's largest gambling hub fell in line with forecasts, and on speculation that China may move to support the city's economy.
Gross gaming revenue fell by a third in September, a 16th straight month of decline. China is studying supportive measures for Macau to revive the city's economy, the Macao Daily newspaper reported on its website on Friday, citing Li Gang, director of the Chinese government's local liaison office.
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