The Macau casino sector faces a currency headwind as a dramatic decline in the Chinese yuan against the U.S. dollar is anticipated to weigh on the local tourism market. A weakening yuan has increased ...
Investors continued a cautious return to riskier assets, sending bitcoin and other cryptos higher for a second consecutive day. But how long the mini-surge lasts remains to be seen. The largest ...
Macau’s casino junket operators have already been on the rocks during the coronavirus pandemic, and some fear that they could be “faded out” following the introduction of a fully traceable digital ...