Quote of the Day

“We do find it disconcerting that it seems virtually everyone is on the same side of the fence. The argument seems to center around the fact that Macau did so well during a period of fiscal tightening in China, just think of the potential when China reverses to loosen monetary policy.” — stock analyst Brian McGill, in an investor note sparked by the report that China will pocket $10.6 billion in casino taxes … more money than Nevada casinos grossed last year.

This entry was posted in Economy, Macau, Regulation, Wall Street. Bookmark the permalink.