Las Vegas Sands and Wynn Resorts Valuations Tank on Chinese Crackdown

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Skift Take

Increased oversight from Chinese regulators in Macau threatens a massive financial hit to U.S. gaming resort operators. But don’t expect this to lead to a mass exodus to other gaming markets in Asia.

The Chinese government’s threat of increased regulation on the casino industry puts several U.S. gaming companies in jeopardy.
Las Vegas Sands, Wynn Resorts, and MGM Resorts International all have a significant presence in Macau, a Chinese special administrative region that

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