News Snapshot:
Jan 17, 2022 Newsdesk Latest News, Macau, Top of the deck Several brokerages covering the Macau casinosector say a bill proposing a new regulatory system for gaming – announced by the local government on Friday – is a positive development for the industry. “The proposed changes should give investors some relief from the uncertainty around Macau’s future,” said Sanford C. Bernstein Ltd in Hong Kong. “We do not see anything overly negative stemming from the proposed law changes,” analyst Vitaly Umansky wrote in a report on Friday. A summary of the new bill was presentedby Macau’s Executive Council, an...
