Las Vegas Sands CEO: Remain Bullish on Macau Outlook

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Las Vegas Sands CEO Patrick Dumont said he remains optimistic about Macau despite a four-month run of falling casino gaming revenue. The report links the slowdown to tighter Chinese scrutiny of capital outflows and notes that a U.S.-China trade truce is part of the business outlook.

Macau's casinos have been facing a deepening slowdown, with gaming revenue falling for a fourth straight month in September, as China tightens scrutiny of capital outflows. But Las Vegas Sands CEO, Patrick Dumont, told Bloomberg's Stephen Engle that he remains bullish on the region, amid the trade truce between China and the US. (Source: Bloomberg)