China's Advisory to Avoid Gambling in Singapore Sparks Concerns in Casino Industry

Monday, 18 March 2024, 18:19

The Chinese government's recent caution to its citizens regarding gambling in Singapore has raised alarms in the casino sector, particularly affecting Las Vegas Sands (LVS) and Resorts World's (GEBHF) Casino Sentosa. The advisory outlines potential repercussions on these casino stocks and hints at broader implications for the industry.
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China's Advisory to Avoid Gambling in Singapore Sparks Concerns in Casino Industry

China advises against gambling in Singapore

The Chinese government has issued a warning to its citizens, urging them to refrain from engaging in gambling activities in Singapore. This directive has led to concerns in the casino industry, especially impacting Las Vegas Sands (LVS) and Resorts World's (GEBHF) Casino Sentosa.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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