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Casino stocks dive after China's move to restrict ATM withdrawals

Macau

Casino stocks dropped in Australia and the United States after a report that China is imposing a 50 percent cut on Unionpay ATM withdrawal limits in Macau, widening a crackdown on how gamblers move cash into the gambling enclave.

Read the rest of the article below:

http://www.straitstimes.com/business/casino-stocks-dive-after-chinas-move-to-restrict-atm-withdrawals-in-gambling-hub-macau

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