Moody’s upgrades Macau from negative to stable on improved China view, strong fiscal buffers through gaming and tourism – CDC Gaming

Moody’s Ratings has updated its outlook for Macau from negative to stable and affirmed its local and foreign currency issuer rating at Aa3 – a reaction to the agency’s decision this week to change China’s outlook from negative to stable with an A1 rating.

In a Tuesday filing, Moody’s said its decision to mirror China’s…