Wynn, Adelson Are Dealt a Revenue Miss in Wagers on Macau - Bloomberg
'Casino revenue in Macau missed analyst estimates in June, amid concerns of tightening regulation in the only place in China where casino gambling is legal. '
'Bloomberg Intelligence’s index of Macau gaming stocks rallied 26 percent this year through Friday. '
'New casinos opened by companies including Wynn Resorts Ltd. and Las Vegas Sands Corp., Adelson’s company, are wagers that revenue will keep accelerating amid increasing competition. '
'Steve Wynn’s and Sheldon Adelson’s bets on Macau, the world’s largest gambling hub, are still awaiting their big payoffs. '
'Wynn Resorts was up 55 percent and MGM Resorts International, which owns one casino and is building another in Macau, was up 8.5 percent. '
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'Casino revenue in Macau missed analyst estimates in June, amid concerns of tightening regulation in the only place in China where casino gambling is legal. '
'Bloomberg Intelligence’s index of Macau gaming stocks rallied 26 percent this year through Friday. '
'New casinos opened by companies including Wynn Resorts Ltd. and Las Vegas Sands Corp., Adelson’s company, are wagers that revenue will keep accelerating amid increasing competition. '
'Steve Wynn’s and Sheldon Adelson’s bets on Macau, the world’s largest gambling hub, are still awaiting their big payoffs. '
'Wynn Resorts was up 55 percent and MGM Resorts International, which owns one casino and is building another in Macau, was up 8.5 percent. '
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