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Where the Money Is Flowing in Macao

TheMotleyFool

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Third-quarter earnings reports have shown a sharp decline in revenue for operators like Wynn Resorts (NASDAQ: WYNN) that cater to the high-end gamblers known as VIPs. But some operators, like Las Vegas Sands (NYSE: LVS) and Melco Resorts (NASDAQ: MLCO), are holding up a little better, so there are some market share shifts afoot.

Most of the changes in revenue and earnings have to do with macro trends in VIP and mass-market baccarat play, which investors will want to watch closely. But there are also some operators taking market share. Here are the trends to know about today.

Image source: Getty Images.

Source Fool.com

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