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Re: ihorchu post# 662

Tuesday, 12/13/2016 4:32:23 PM

Tuesday, December 13, 2016 4:32:23 PM

Post# of 1367
Wynn Resorts, LTD (WYNN), Peers Rise After Japan Gets Closer to Legalizing Casinos
MIDNIGHT TRADER 10:51 AM ET 12/13/2016

QUOTES AS OF 04:01:55 PM ET 12/13/2016
01:51 PM EST, 12/13/2016 (MT Newswires) -- Wynn Resorts, LTD(WYNN) shares jumped more than 3% with other casino stocks also gaining Tuesday after Japanese lawmakers in an upper house panel approved a bill to legalize casinos.

The clearance by the committee assures the enactment of the bill into a law, according to a report from Reuters.

The casino market in Japan could be worth $40 billion, the report said citing brokerage CLSA.

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