Wall Street's Macau delusion has really gone far enough

A newly-wed couple from South Korea waves with Sheldon G. Adelson, Chairman of the Board and CEO Las Vegas Sands Corp and his wife Miriam Adelson during an opening ceremony at the Venetian in Macau August 28, 2007. President Xi has made it clear he doesn’t want Chinese mainlanders gambling, Macau gambling revenue during the Lunar New Year disappointed, and the island’s economy shrank by 17% in the Q4 2014 without the government as much as batting an eyelash.