The Macau gaming market has been decimated since mid-2014 by a crackdown on corruption and money laundering in China, causing gamblers, especially high-rolling VIPs, to reduce trips to the gambling enclave. But not only is gaming down, all six concessionaires in the region are planning to bring a new resort to the market in the next few years, which will increase supply tremendously.
The result has been falling stock prices for Wynn Resorts , Las Vegas Sands , and Melco Crown , who all get most of their revenue and earnings from the region. These are the three biggest trends investors should be alarmed about right now.
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The article Losing Streak Not Over Yet -- 3 Alarming Trends in Macau originally appeared on Fool.com.
Travis Hoium owns shares of Wynn Resorts, Limited. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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