China casino crackdown part of quest to transform Macau China casino crackdown part of quest to transform Macau
SUNDAY, SEPTEMBER 26, 2021
To many investors, Macaus push to extend oversight over the worlds largest gambling hub came as a shock, triggering a record selloff in casino shares. To long-term observers, however, it was just the latest move in Chinas grand plan to transform the $24 billion economy.