Gaming companies with operations in Macau are feeling the pressure in early trading from reports...
Tuesday, December 4, 2012, 8:54 AM ETGaming companies with operations in Macau are feeling the pressure in early trading from reports on a crackdown by Chinese authorities on corruption. Though a few token arrests is considered the same old song and dance by a number of industry watchers, it's the pace of revenue growth in the region that is the larger story to watch for them. For November, Macau gaming grew at 7.9% vs. a consensus estimate of 8%. Premarket: MPEL -4.5%, WYNN -1.5%, MGM inactive, LVS -1.8%.
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