Macau VIP casino industry out of luck as China cracks down on capital flows - Indians News 24

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Tuesday, August 18, 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://www.news18.com/news/business/macau-vip-casino-industry-out-of-luck-as-china-cracks-down-on-capital-flows-2796503.html

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