Anti-Corruption Scrutiny in Macau Could Increase, Says Well Fargo (MGM) (LVS) (MPEL) (WYNN)

Wells Fargo analyst Cameron McKnight discussed gaming stocks in a research note. Companies mentioned include Las Vegas Sands (NYSE: LVS), MGM (NYSE: MGM), Melco Crown (NASDAQ: MPEL), and Wynn Resorts Ltd (NASDAQ: WYNN).

In McKnight's view, gains yesterday are tied in part to reports a specific anti-corruption program in China came to an end. However, McKnight's contacts said reports refer to a very specific anti-corruption program, and he anticipates a broader pickup in anti-corruption scrutiny.

For an analyst ratings summary and ratings history on Las Vegas Sands click here. For more ratings news on Las Vegas Sands click here.

Shares of Las Vegas Sands closed at $62.21 yesterday.

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