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These Charts Show Impact of China’s Casino Crackdown on Macau

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IGamiX: Macau Gaming Sector Is Definitely Still Investable

The announcement of more government scrutiny of Macau casinos has sent shockwaves through related markets.

Casino shares in Hong Kong and the U.S. slumped after Macau announced plans Tuesday to boost “direct supervising” of gambling companies to better monitor their operations, among other proposals. China had already been clamping down on gambling activity in Macau over concerns that the high-stakes betting can sometimes be an illicit channel for currency outflows and money laundering.