Macau casino profit may surge to pre-crackdown high


Record earnings: A file picture showing pedestrians walking in front of a casino in Macau. Analysts estimate Macau casino industry’s earnings could again start approaching records next year. — Bloomberg

HONG KONG: Macau, the world’s largest gambling hub, is on its way to seeing casino profits surge toward highs set before a Chinese government corruption crackdown drove wealthy high-rollers away.

More than two years after the Chinese restrictions sent profits tumbling, some analysts estimate that the Macau industry’s earnings could again start approaching records next year before hitting a new peak in 2019.

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