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WYNMF | Complete Wynn Macau Ltd. stock news by MarketWatch. View real-​time stock Stocks To Watch: Warner Music, Cisco, Casinos And Cars. Stocks To.


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The coronavirus crisis is hurting the gaming industry. Gaming revenues from the world's largest gambling hub, Macau fell for the sixth.


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To curb the spread of China's coronavirus, the Macau government has suspended all casino operations for 15 days.


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coronavirus upends the world's gambling capital of Macau, analysts say. Casino stocks have been clobbered since the virus outbreak; The.


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Macau, the largest casino hub in the world, had another horrible month: gambling revenue there fell 80% from a year earlier in March. That's an.


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Hong Kong-listed gaming stocks took a beating on Wednesday as looks at his phone on his bike on January 28, in Macau, China. Macao is a special administrative region of China and a major gambling hub in Asia.


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Yahoo Finance Video.{/INSERTKEYS}{/PARAGRAPH} This has resulted in sharp decline in gross gaming revenue GGR in March. In fact, Macau has put restrictions on all non-residents who have recently traveled abroad. The government has also enforced body temperature check at casino entrances. Zacks April 6, Moreover, the board has decided to furlough part of its corporate workforce effective Apr 1, Penn National carries a Zacks Rank 3 Hold. Story continues. What to Read Next. Today, you can download 7 Best Stocks for the Next 30 Days. The decline can be primarily attributed to the coronavirus pandemic. In March, gaming revenues from Macau plunged The decrease can be primarily due to a reduction in footfall as China continued to decline individual and group visas to Macau as a safety precaution. Despite best efforts by policymakers, it is becoming increasingly difficult for companies to stay afloat amid such trying times. Recently Viewed Your list is empty. PENN to withdraw its previously announced guidance. Despite coronavirus hurting the gaming industry, Wynn Resorts, Limited WYNN announced that it will pay all salaried, hourly and part-time employees through May More than 15, current Wynn and Encore employees will have a total of 60 days of payroll continuance. Moreover, shares of PlayAGS have lost the most in the past six months. The stocks in this report could perform even better. Wynn Resorts has a Zacks Rank 4 Sell. The following table shows the price movement of the major gambling stocks in the last week and the last six months:. Notably, the CEO and the board of directors have agreed to a pay cut effective from Apr 1, Moreover, the board has decided to furlough part of its corporate workforce effective Apr 1, Penn National carries a Zacks Rank 3 Hold. Zacks Equity Research. The companies are not only stalling production but are also focusing on cost-cutting actions. The company is operating on minimum workforce to maintain the basic operations as they are unable to ascertain the duration of the epidemic. Notably, the company initiated certain actions to reduce operating expenses in a bid to mitigate the financial impact of the COVID pandemic. Finance Home. {PARAGRAPH}{INSERTKEYS}The last week has been a disappointing one for the gambling stocks. With the coronavirus pandemic showing no signs of abatement, most companies worldwide are undertaking measures to tackle the situation. Wynn Resorts Extends Employee Benefits. Although most of the casinos in Macau have resumed operations after coronavirus-induced shutdown, casino tables are still empty. Price Performance. Penn National Revokes Outlook. Sign in to view your mail. Yahoo Finance. Want the latest recommendations from Zacks Investment Research? Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Sign in. Zacks Investment Research.