licensed in Macau<\/a> as bargaining tools, some believe the longer the trade war persists, the shorter those odds become.<\/p>\n<\/div>\nSands, MGM, and Wynn are three of the six Macau casino permit holders. All six concessions will expire in 2022.<\/p>\n
“It would make a lot of sense to use the concessions as a retaliation if Trump goes ahead and escalates the trade war,” gaming industry consultant Ben Lee told Fortune<\/i>. “The outcome of the gaming concession re-tendering will be influenced and directed by Beijing, and the trade war will factor very highly in the process.”<\/p>\n
In June, analysts at Sanford Bernstein opined, “We view the scenario where one or more of the US casino operators loses their gaming concession to be remote, unless the relationship sours significantly further into a Cold War environment.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Macau casino stocks are trading lower after a poor August gross gaming revenue (GGR) report, and the ongoing protests in nearby Hong Kong. The world’s richest gaming hub saw casino win tumble 8.6 percent last month to $3.01 billion, down from $3.28 billion in the same month 2018. Gaming industry analysts were forecasting a GGR […]<\/p>\n","protected":false},"author":25,"featured_media":113928,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,61],"tags":[],"acf":[],"yoast_head":"\n
Macau Casino Stocks Drop Following Poor August Gaming Report<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n