Wynn Resorts : U.S. casino stocks fall with jitters over Macau regulations, COVID-19 outbreak


Source: marketscreener.com marketscreener.com

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By Sinéad Carew and Farah Master (Reuters) - Shares in U.S. casinos with operations in Macau fell on Tuesday, with Las Vegas Sands Corp down 12.3% and Wynn Resorts Ltd down 12.4% on concerns about stiffer regulations there and a COVID-19 outbreak. China's health authorities said new COVID-19 infections more than doubled in the southeastern Fujian province, prompting officials to roll out measures that include travel restrictions to halt the spread of the virus. Also, the Macau government said on Tuesday it was kicking off a 45-day public consultation https://www.gov.mo/zh-hans/news/556115 to review the gaming industry, including issues such as the...