Casual shares rise as Macau travel curbs ease

Shares of casino operators got a boost Monday after Macau officials announced that a easing of travel restrictions would begin in the coming weeks.

Over the weekend, news surfaced that Macau had been OK d to issue electronic visas for individuals and tour groups in late October or early November. J.P. Morgan analyst Joseph Greff said that would be the first meaningful easing of travel restrictions on the gambling center since the start of the COVID-19 outbreak.