Wynn's Macau Bet Pays Off
As the growth rate of China's economy continues to astonish market observers, the disposable income that its expanding professional class has to spend is also climbing. That's clear from the second-quarter profit posted by Wynn Resorts Ltd. (WYNN), one of the first western gaming companies to establish a beachhead in Macau, which has become the center of Asian gambling activity.
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