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Macau Gambling Stocks - SCHYY.pk, 1928.hk, WYNMY.pk, 1128.hk, 0880.hk


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Anyone been looking at these? They've been hammered pretty much across the board, as China's corruption crackdown has made Macau gaming revenues drop for the first time since the dinosaurs walked the Earth.


Looks like there's still a lot of bleeding yet to come, and they're not "stupid cheap" yet, but I've got these on my watch list. I don't currently own any, and probably won't in the near future.


There's a lot of hair here (money laundering, weak Asian economies, corruption in general), but the market seems to be an interesting one with the regulatory hurdles to opening up shop, so I thought it was worth putting on the watch list in case they continue to decline.



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