Monday, 17 August 2020

Macau VIP casino industry out of luck as China cracks down on capital flows

China's move to stamp out online gambling to help contain capital outflows is hitting liquidity in Macau's VIP segment, at a time when the world’s No. 1 gambling hub is hobbled by slowing economic growth, SinoU.S. tensions and coronavirus lockdowns. 

from Top Business News- News18.com https://ift.tt/2E5evk2
via IFTTT
at
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Beyond Borders: The True Origins Of India's Favorite Brands - Colgate, Bata And Maruti

Bata grew into one of the world's leading shoemakers, with an impressive annual sale of 150 million pairs of shoes across more than 70 c...