Media › Macau gambling slowdown will weigh on growth, says Moodya s
 
 

Macau gambling slowdown will weigh on growth, says Moodya s

2015-07-04 07:42:36| Gaming - Topix.net

Moody's Investors Service says that Macau government Aa2 issuer rating is supported by its robust growth performance, large fiscal surpluses, and the absence of debt; factors which have allowed the city to build up a strong buffer of fiscal reserves. Moody's points out that while Macau's average growth performance over the last decade has exceeded by a large margin that of sovereigns within the same rating category, its economy is dependent on gambling.


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