Financial Times FT.com

Macao’s casinos hit by share slide

By Justine Lau in Hong Kong

Published: October 5 2008 19:54 | Last updated: October 5 2008 19:54

Concerns about the ability of Macao casino operators to raise funds for projects and China’s efforts to cool the city’s gaming market have caused a run on their stocks.

Operators have had a difficult time as the Chinese government has tightened the frequency with which mainland gamblers can travel to Macao, in an attempt to tame the market’s growth.

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