Aggregated debt for Macau casino firms forecast to have hit $24 billion

Global brokerage and investments firm Morgan Stanley has reportedly announced that the combined debt of the six licensed casino operators in Macau is now believed to have reached $24 billion owing to the ongoing coronavirus-related downturn in their businesses. According to a report from Inside Asian Gaming, the New York-headquartered financial services giant also forecast […]

from World Casino News https://ift.tt/sxlED7t

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