Macau Casinos Slump on City’s Plan to Review Chinese Visits
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Wynn Macau Ltd. fell to the lowest in more than two weeks, leading declines in casino shares after a senior Macau official said the city wants to study restrictions on mainland Chinese tourists to ease overcrowding.
The government will approach China’s central government in Beijing to analyze Macau’s capacity for visitors, and to consider how “too many tourists impact residents’ quality of life,” local broadcaster Teledifusao de Macau cited the Secretary for Social Affairs and Culture Alexis Tam Chon Weng as saying on a radio talk-show.