April 22, 2025

The Newzz Owl

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Casino Stocks Fell After an Executive Was Held By Police

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Monday morning, Share trading of Suncity Group Holdings was suspended after their chairman was being held by the police on allegations of illegal gambling and money laundering. This caused casino stocks to fall with MGM China Holdings down 10%, Wynn Macau down 7.8% and Sands China down 5.3%.

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