Macau casino shares gave back some of their gains on Tuesday after the government published the city’s new gaming laws, which tighten supervision and capital requirements. “The details today appear to be more stringent than we had believed,” said Ben Lee, managing partner at IGamiX Management & Consulting. “The positives of no government control on capital distribution and no government representation are being outweighed by other factors that have now become clearer.” Alidad Tash, managing director of 2NT8, also said the actual bill was far less benign than Friday’s explanatory note suggested. “I’m not saying that Friday’s good news has...