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Posted on: Nov. 6, 2015, 5:41 p.m.
Long-term investors in the casino sector are all too aware that Macau – not Las Vegas – is the global market with the most chips on the table. American player Wynn Resorts, Limited WYNN 1.31%, for example, generates 70% of its revenue from the Chinese island – and the fact that Wynn’s stock has plunged by nearly two-thirds in the last 12 months has a lot to do with how poorly casinos have performed in Macau for nearly ... Full investment news article