JPMorgan bails on Wynn, other Macao casino stocks as they tumble
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People use their smartphones to take photographs outside The Wynn Macau casino resort, operated by Wynn Resorts Ltd., in Macao, China, on Tuesday, Jan. 30, 2018.
JPMorgan | Bloomberg | Getty Images
There is too much uncertainty about the future for casinos in Macao for investors to feel comfortable betting big on those stocks, according to JPMorgan.
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