junket

As Macau recovers, so do casino stocks. Wynn Resorts, Limited (NASDAQ: WYNN), which has a particularly high exposure to Macau, China, is the world’s biggest gaming destination. The company derived 69 percent of its EBITDA from Macau, according to its second-quarter earnings report released...

Channel checks in Macau indicate a 32 percent yearly decline in September gaming revenue. The recent criminal charges involving Dore Entertainment could result in more regulation of junket operators. Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM) and Melco Crown...