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Macao Casinos Slump Amid China's Capital Outflow Crackdown

Macao's casino industry has experienced a significant slump, ending 16 months of growth, as Beijing intensifies efforts to curb capital outflow.

6 Aug, 23:37 — 6 Aug, 23:37
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japan-timesMostly Factual5d ago

Macao casinos hit by slump as China crackdown rattles market

The slump ends 16 straight months of growth and comes as Beijing steps up efforts to stem capital outflow.

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