Seeking Alpha

Massachusetts regulators turn up the heat on casino applicants

  • The decision of Caesars Entertainment (CZR -7.3%) to back out of applying for a casino license in Massachusetts could be repeated by Wynn Resorts (WYNN +0.5%) and MGM Resorts (MGM) as they face similar probes on their activities by state regulators.
  • Steve Wynn vigorously defended his company's operations in Macau at a hearing by noting that his management team in the region are businessmen not "gangsters or bums."
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector