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Galaxy’s second-quarter earnings tumbled 46 percent amid a declining market and higher costs at its new resorts. Galaxy isn’t the only casino hit by the slowdown in Macau. Bloomberg takes a look at how the industry as a whole is doing....
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Macquarie Capital Senior Analyst Chad Benyon discusses gambling and Macua’s economy. He speaks on “In The Loop.”...
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A crackdown in corruption in China that has hushed the once frenzied Macau casino business took its toll on Wynn Resorts in the company’s fourth quarter. Labor delays, for one, have pushed back the company’s opening date of Chinese New Year 2016 for its $4.1 billion Wynn Palace casino-hotel...