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JPMorgan bails on Wynn, other Macao casino stocks as they tumble


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.