Morgan Stanley Sees Bright Future For Macau Stocks Mixed On Beijing Regulations
Shares of Macau concessionaires continue sagging. But Morgan Stanley is bullish on the long-term outlook for the world’s largest casino center. That’s even as some investors fret about regulatory risk from Beijing. Recent gross gaming revenue (GGR) data suggests that despite an increase in COVID-19 cases in the neighboring Guangdong province and the persistent lack […]
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