Las Vegas casinos are losing big in Macau

But China isn’t a winning bet right now.

An anti-corruption campaign by the Chinese government, travel restrictions and a smoking ban on casino floors are keeping gamblers with deep pockets away from Macau for now. China also just reported its slowest year of economic growth in decades, adding to a “perfect storm,” of bad events in Macau, analysts say.

The Macau slowdown is hurting Vegas veterans — and investors in these companies. The stocks are down sharply in the past year.

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