Since China's crackdown on Crime and Corruption, Macau revenues have declined.
That might tell some people something....other than government officials who bought into the lobbying.....
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- Shares of Wynn Resorts (WYNN -2.5%) shriveled to a 5-year low of $71.25 earlier today on heavy trading volume.
- The company is still pushing ahead in Macau with a casino opening in Cotai early next year and a plan to increase its focus on the premium mass market segment.
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