HONG KONG: Melco Crown Entertainment Ltd and the Macau unit of Wynn Resorts Ltd are potentially most at risk among casino operators exposed to debt-ridden gaming promoters as the local government continues its push for oversight, according to Daiwa Securities Group Inc.
The Macau government’s drive to compensate investors cheated by a former employee at a junket operator last year exposes risks and “substantial responsibilities” casinos and operators in the world’s largest gambling hub face, according to Daiwa analyst Jamie Soo in Hong Kong.
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