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Macau casino stocks slump as Covid restrictions kick in

November 7, 2022
Macau boasts a casino industry bigger than Las Vegas Macau casino stocks slumped on Monday as the Chinese gaming hub battled a Covid-19 outbreak that has prompted tightened social distancing restrictions and mass testing. The sector has been hammered by the pandemic, with vital tourism revenues wiped out by some of the world’s harshest measures...
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