Investors are checking out of Macau casinos because of fears that the intensifying US-China trade tension will hit Chinese consumer spending and shrink revenues in the world’s biggest gambling centre.
Share prices of Hong Kong-listed Macau casino operators such as MGM China and US tycoon Sheldon Adelson’s Sands China have tumbled almost 40 per cent since the start of June, as measured by the Bloomberg Intelligence Macau Gaming index.
The index fell 4.1 per cent yesterday and has dropped 11 per cent this week.
您已阅读20%（512字），剩余80%（2091字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。