Economics
Las Vegas Sands Leads Casino Owners Down on China Squeeze
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Wynn Macau Ltd. fell to a four-month low, leading a decline in Macau casino operators on concerns that slower economic growth in China may hurt demand from high-stake gamblers in the world’s largest gaming hub.
Wynn Macau fell 5.5 percent to HK$19.62, the lowest level since Feb. 7, at the noon break in Hong Kong trading today. Galaxy Entertainment Group Ltd. lost 4.5 percent while Sands China Ltd. also dropped 4.5 percent.