|Bid||26.200 x 0|
|Ask||26.250 x 0|
|Day's range||25.850 - 26.650|
|52-week range||12.800 - 26.650|
|PE ratio (TTM)||93.57|
|Earnings date||26 Mar 2018 - 30 Mar 2018|
|Forward dividend & yield||0.63 (2.59%)|
|1y target est||25.40|
Police in the world's largest gambling hub of Macau are hunting for a dealer suspected of stealing HK$48 million ($6 million) worth of casino chips from Wynn Macau, authorities in the Chinese-controlled territory said on Thursday. Casino thefts in the former Portuguese colony of Macau, which rakes in gambling revenue more than five times that of the Las Vegas strip, are rare, with the majority of cases typically involving employees. Wynn confirmed to Reuters in an email that the matter was being handled by the police.
Gaming revenue in the Chinese territory of Macau rose for the first time in three years in 2017 as high-end punters' appetite for gambling recovers after a protracted government campaign against shows of wealth among public officials and slowing economic growth. Figures from Macau's Gaming Inspection and Coordination bureau on Monday showed revenues rose 19 percent for 2017 to 265.7 billion patacas ($33.13 billion). Winnings have been higher for operators such as Sands China Ltd, Wynn Macau Ltd, Galaxy Entertainment Group Ltd and Melco Resorts & Entertainment Ltd which have casinos on the Cotai strip - a stretch of reclaimed land which now boasts some of Macau's most opulent properties.
Wynn Resorts could have its sights set on another megaresort after buying 38 acres of land on the north side of the Las Vegas Strip.
Macau has suspended a pro-democracy lawmaker for alleged "disobedience" after he took to the street instead of staying on a sidewalk during a protest, as activists warn suppression of civil rights is growing in the China-ruled gambling hub. The suspension of the lawmaker is the first since 1999, when the former Portuguese colony returned to China within a "one country, two systems" framework that allows a free press and an independent judiciary, liberties denied on the mainland. "It's a dark day for Macau," said Jose Coutinho, one of four legislators who voted against the suspension in Monday's secret ballot, which drew 28 votes in favour.