- Macau casino names are down sharply after reports break of a major crackdown by Beijing on monitoring funds coming into casinos in the gambling mecca.
- The government says the Ministry's Economic Crimes Investigation Bureau will have broader electronic access to fund transfer information.
- Previously: Major funds crackdown imminent in Macau
- Decliners: MGM Resorts (NYSE:MGM) -4.7%, Melco Crown (MPEL) -3.3%, Las Vegas Sands (NYSE:LVS) -2.8%, Wynn Resorts (NASDAQ:WYNN) -2.9%, Galaxy Entertainment (OTCPK:GXYEF) -7.3%.
Macau stocks slide on reports of new Beijing measures
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