Macau Casinos Stocks Retreat As Increasing Covid Situations Tarnish Reopening Hopes

This said, it might just be a question of time just before Beijing decides that open gambling is altogether inconsistent with its socialist values. In that case, Macau improved hope that its rulers can at least accept taking bets from these incorrigible foreigners. Macau would get to retain some casino revenue coming in, although producing it harder for China’s personal citizens to legally gamble within the country. More than the…Read More

Macau Announces November Return Of Mainland China Tour Groups

“As constantly, Galaxy Entertainment remains fully committed to creating constructive contributions to the Macau’s leisure and tourism business,” it added. In Wednesday’s statement, Galaxy Entertainment mentioned its personnel working at the two now-shuttered City Clubs “will be reallocated” to the group’s other casinos, “with all of their employment terms remaining unchanged”. The casinos have been run below respective service agreements with Galaxy Entertainment. The preceding death was reported in Shanghai,…Read More