Coronavirus flare-ups and a regulatory overhaul are clouding the lengthy highway to restoration for China’s playing hub.
Macau’s gaming shares have misplaced between 23% and 56% for the reason that begin of 2021, because the second yr of the pandemic has saved what was once the world’s most profitable playing market largely closed off to outdoors guests. They fell steeply Friday amid a broader worldwide selloff triggered by considerations a couple of new, fast-spreading coronavirus variant.