Billions wiped from Macau casino stocks as city eyes gambling review


Macau casino shares collapsed today after government officials unveiled plans for a crackdown that will tighten their grip on the already beleaguered industry. – EPA pic, September 15, 2021.

MACAU casino operators saw billions wiped off their value today as their shares collapsed after officials in the world’s biggest gambling city unveiled plans for a crackdown that would tighten their grip on the already beleaguered industry.

Hong Kong-listed operators Sands China and Wynn Macau both plunged around 30%, SJM Holdings and MGM China lost 25% while Melco and Galaxy Entertainment both shed around 20%.


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