Macau forecasts cut as Covid recovery continues to drag [podcast]

Macau’s operators continue to struggle with vastly reduced revenue and visitation levels as China pushes on with its zero-Covid policy.

In today’s podcast, we speak with Morningstar analyst Jennifer Song, who has recently cut her forecasts for Macau this year. We also discuss China’s efforts to discourage its citizens from traveling overseas and the concerning reports that Beijing may be denying visas to frequent gamers to Macau.