Casino Stocks in China’s Gambling Hub Are Out of Luck

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Macau’s gambling stocks have fallen this year as the pandemic keeps the Chinese territory closed off to visitors

Macau’s gaming stocks have lost between 23% and 56% since the start of 2021, as the second year of the pandemic has kept what used to be the world’s most lucrative gambling market largely closed off to outside visitors.

They fell steeply Friday amid a
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