Wynn Resorts Shares Continue Fall After Junket Theft
- Third day of losses brings decline to about 10 percent
- Setback for junket operator Dore seen hurting Macau action
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Wynn Resorts Ltd., the casino company founded by billionaire Steve Wynn, continued to drop on Friday after reports this week that as much as $258 million may have been stolen from a junket operator that brings gamblers to its Macau casino.
The shares were down 2.8 percent to $67.72 at the close in New York. It was the third day of declines that have shaved about 10 percent off the company’s market value.