Morgan Stanley again lowers Macau annual forecasts amid coronavirus stall

By | September 20, 2021

For the second time this year and global brokerage and investments firm Morgan Stanley has reportedly cast doubts on the near-future profitability of the Macau casino industry owing to the lingering impacts of the coronavirus pandemic. According to a report from Inside Asian Gaming, the New York-headquartered financial services giant has lowered its combined earnings […]