(CZR), another gaming company that actually has done well this year with a 25% gain, is also looking to sell one of its casinos in Las Vegas but hasn’t disclosed which location. The company still owns the Bellagio, Mandalay Bay and several other Nevada casinos. “We have enough of Las Vegas,” said MGM CEO Bill Hornbuckle during a conference call with analysts. MGM announced earlier this month that it plans to sell its famous Mirage casino on the Vegas Strip. (MGM) - one of the few casino operators doing well on Wall Street, up more than 30% in 2021 - is scaling back in Las Vegas, too. Earlier this year, Las Vegas Sands announced plans to sell the Venetian and other properties in Sin City in a more than $6 billion deal that’s expected to close in early 2022. Meanwhile, stateside, the brutally competitive gaming business is making it tough for companies to succeed even in Las Vegas. (Photo by Anthony WALLACE / AFP) / TO GO WITH Macau-gaming-economy-tourism, FOCUS by Yan Zhao with Jerome Taylor (Photo by ANTHONY WALLACE/AFP via Getty Images) ANTHONY WALLACE/AFP/Getty ImagesĬasino stocks crash as Macao considers crackdown on gambling The trade war may have sent ripples of uncertainty through the world's second-largest economy but one corner of China has so far remained steadfastly buoyant - the gambling enclave of Macau. TOPSHOT - In this photo taken on March 5, 2019, visitors use slot machines in a casino in Macau.
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