Casino Shares Gain on Hopes of Renewed Tourism in Macau

📆 9/26/2022 10:15 PM
📰 WSJ

⏱ Reading Time:
16 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 63%

Holiday Holiday Headlines News

Holiday Holiday Latest News,Holiday Holiday Headlines

Shares of casino companies with operations in Macau rose on Monday after the city’s government said it would ease restrictions for visitors from mainland China, boosting hopes for an accelerated recovery for the city’s tourism-dependent economy

The casino sector’s gains came after news over the weekend that Macau expects to resume issuing electronic visas and allowing Chinese group tours to visit the gambling hub as soon as late October. Analysts said that timeline could facilitate a faster-than-expected return of Chinese visitors to Macau.

Write Comment

mahsaamini

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Holiday Holiday Latest News, Holiday Holiday Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Casino Shares Gain on Hopes of Renewed Tourism in MacauShares of casino companies with operations in Macau rose on Monday after the city’s government said it would ease restrictions for visitors from mainland China, boosting hopes for an accelerated recovery for the city’s tourism-dependent economy mahsaamini
Source: WSJ - 🏆 98. / 63 Read more »