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Macau casino shares soar after China allows tour groups after more than 2.5 years
2022.09.25 22:10
© Reuters. FILE PHOTO: A woman walks past a Bank of China branch next to the Grand Lisboa hotel and casino (R) in Macau, China December 21, 2019. REUTERS/Jason Lee
HONG KONG (Reuters) – Shares in Macau casino operators were set to soar between 5-13% percent on Monday morning after the city’s leader said China would resume an e-visa scheme for mainland travellers and permit group tours, key catalysts which are likely to drive an increase of visits to the world’s biggest gambling hub.