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: 27.54 (+0.78), MGM: 21.46 (+0.22)
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: 27.54 (+0.78), WYNN: 159.34 (+4.62), LVS: 60.43 (+1.71), MGM: 21.46 (+0.22)