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Sometimes the house doesnt Wynn....

|Includes:Las Vegas Sands Corp. (LVS), MGM, WYNN

Shares of Wynn are trading down 6% and have seen a sharp decline.

In fact, the whole industry is down, including Las Vegas Sands and MGM Grand.

Sluggish US demand, a slowdown in China, and an overvalued industry have led to fearful investors. I guess all bets are off....

Disclosure: Sell

Stocks: LVS, WYNN, MGM