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Breakingviews: Macau’s VIP bets fold

Reuters, 01 Dec 2021
Hong Kong-listed Macau casino operators lost $3.6 billion as a probe into illegal gambling operations hit local entrepreneur Alvin Chau. His Suncity junket agency has helped high rollers wager billions over the years. But the mass market boasts bigger margins for Wynn, Galaxy and peers. Investors may yet win.

#Macau #AlvinChau #Breakingviews #News #Reuters

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