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WYNN, LVS, MGL, MPEL - Casino Stocks Blood Bath
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Today Casino stocks are under massive selling pressure after Wynn Resorts, Limited (Nasdaq: WYNN) today reported financial results for the quarter ended
Shares of Wynn Resorts, Limited (NASDAQ:WYNN) plunged 9.16% to $57.29 despite WYNN reported Q3 EPS of 33 cents, topping Street estimates of 17 cents. Revenues in the quarter rose 1% year-over-year to $773.1 million, and came in well ahead estimates of $723.3 million.
Meanwhile Las Vegas Sands Corp. (NYSE:LVS) also fell 7.78% to $14.80, MGM MIRAGE (NYSE:MGM) dropped 9.77% to $9.93.
Melco Crown Entertainment Ltd (NASDAQ:MPEL) plummeted 5.65% to $5.18.
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