Given the negative impact the U.S. trade war with China has had on the broad Chinese equity market, Macau casino stocks have held up relatively well so far in 2019. Unfortunately, some gaming insiders are anticipating that luck will change in the second half of the year.Andrew Lo Kai Bong, executive director at Suncity Group Holdings, said Friday Macau gross gaming revenue could begin to fall in the second half of the year as trade war uncertainty and slowing growth in China weighs on appetite for gambling.In addition to the trade war, Lo said events such as Macau’s 20th anniversary
Looking For An Entry To Short Wynn
June 18, 2019
Published by timm
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