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Macau preparing for fourth storm in five weeks, Macau Business reports

With Tropical Cyclone Matmo expected to approach the city this weekend, Macau is preparing for its fourth storm in five weeks, noted Macau Business. Publicly traded companies in the Macau gaming space, including Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN) and Melco Resorts (MLCO), have been weak in Friday trading in New York.

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