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Factbox: How Macau is revising its multi-billion dollar gaming industry

  • 📰 Reuters
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How Macau is revising its multi-billion dollar gaming industry

Macau stocks plummeted by as much as a third on Wednesday, losing around $14 billion in value, as investors fear the gaming review will lead to tighter regulations in the world's largest gambling hub. L1N2QH01DA government proposal does not include how many concessions should be granted in future.

"This can mean that the government might maintain or even reduce the number of concessionaires," he added.

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Amazing how a tiny spot has turned into a gaming industry hotspot!

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Source: Reuters - 🏆 2. / 97 Read more »