Friday, December 9, 2016

Casino stocks tumble on fears of Macau ATM cuts

Shares in casinos from Las Vegas to Sydney tumble as word spreads that Macau plans to slash the amount of money that can be taken out at ATMs using China's state-owned bank card service UnionPay. But as Graham Mackay reports, this is about a lot more than just buying chips at the blackjack table.

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