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Wynn Macau, MGM China Shares Rise on Brighter Outlook

Por: MarketWatch Business February 09, 2023

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Both companies had reported losses in the fourth quarter of last year, although analysts think these results are a non-event, as the focus has shifted to the companies' positive performance over the Lunar New Year period. Lunar New Year is usually one of the peak seasons for Macau's casinos, and investors have been watching for signs of rising demand after China exited it strict Covid-zero policy. Both casino operators had a strong... + full article



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