Market View Minutes with Michelle: The chips are down in Macau, so is it time to look at gambling stocks?
Your Money with Michelle Martin · MONEY FM 89.3
November 30, 20212m 54s
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Show Notes
The arrest of high-profile founder of casino junket operator Suncity, Alvin Chau, sent gambling stocks tumbling on Monday. Shares of MGM China, Wynn Macau and Sands China took a hit amid concerns of the long-term impact of his arrest for alleged links to cross-border gambling and money laundering. So with the chips down in Macau, is it a good time to place your bets? Michelle Martin finds out.
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