Macau Casinos Drop After February Revenue Misses Estimate
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Galaxy Entertainment Group Ltd. fell the most in almost two weeks, leading a drop in casinos as HSBC Global Research said gambling revenue lagged behind its projection for the first 17 days of February.
Galaxy plunged 4.9 percent to HK$33.15, headed for the biggest decline since Feb. 6. Billionaire Sheldon Adelson’s Sands China Ltd. dropped 4.4 percent and Wynn Macau Ltd. lost