Betting Against Macau Casinos
Markit - Seeking Alpha - Thu Nov 06, 7:11AM CST
China's austerity drive has hit Hong Kong-traded casino shares hard in recent months, a trend which has seen short sellers target the sector. The news went from bad to worse for Macau casinos earlier this week when the Macau Gaming Inspection and...
MPEL: 24.81 (+0.20), MGM: 20.77 (-0.17)
Why Wynn Resorts (WYNN) Stock Is Falling On Tuesday
at The Street - Tue Jul 08, 1:57PM CDT
Wynn Resort (WYNN) stock is lower after it was suggested that the slowing Chinese economy could negatively impact the Macau gambling region.
MPEL: 24.81 (+0.20), WYNN: 150.90 (-0.79), LVS: 57.99 (-0.09), MGM: 20.77 (-0.17)