Casino operators take a hit after Macau’s weeklong COVID-related shutdown

Shares of casino operators with operations in Macau fell Monday, after Macau city officials said casinos there would be shut down for a week to fight a COVID-19 surge. Shares of Wynn Resorts Ltd.
WYNN,
-2.42%
dropped 5.7%, Las Vegas Sands Corp.
LVS,
-2.69%
slumped 5.3% and Melco Resorts & Entertainment Ltd.
MLCO,
-0.36%
shed 4.6%. Wynn and Las Vegas Sands had more revenue from Macau than Las Vegas in 2021. Shares of MGM Resorts International
MGM,
-1.38%,
which has a relatively small operation in Macau, fell 3.0% in Monday’s premarket. Meanwhile, futures
ES00,
-0.52%
for the S&P 500
SPX,
-0.08%
eased 0.6% ahead of the open.