Monday, October 12, 2009

Macau Regulatory Risks (WYNN, LVS, MPEL)

Full coverage is over at 24/7 Wall St. of news affecting Macau casino stocks.  The good news is that these have all bounced some from lows, but these are all still lower and on active volume.

Wynn Resorts Ltd. (NASDAQ: WYNN) is down almost 3% at $65.90 on 5.9 million shares versus and average volume of about 4.9 million shares.

Las Vegas Sands Corp. (NYSE: LVS) is now down 3% at $17.50 on 39.5 million shares versus an average daily volume of about 45 million shares.

Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is down 4.6% at $6.84 on 6.2 million shares versus average volume of 6.6 million shares.

JON C. OGG
1:50 PM EST


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