Why casino stocks are pulling back

Casino Stocks & Macau Gaming Revenue - Casino stocks are experiencing declines, with Melco initially down 12% but improving to a 6% decrease, MGM Resorts down 2%, and Las Vegas Sands and Wynn Resorts off by more than 5% [1] - Macau's gross gaming revenue growth in September was 6%, significantly lower than the estimated 12-13% increase compared to the previous year, primarily due to a typhoon [2][3] - The industry is concerned about a new typhoon potentially disrupting visitation to Macau during the crucial Golden Week, impacting casino earnings [3] - The industry is closely monitoring the typhoon's impact on Macau's infrastructure and casino operations [3] Online Betting Stocks & Regulatory Landscape - Flutter is up almost 3%, and DraftKings is up 25%, but the sports betting stocks have had a rough week [5] - KHI (Koshi) launched parlay products, potentially competing with licensed sports books [5][6] - A federal judge in Nevada ruled that Cryptocom's sports trades under the predictions market platform do not meet the definition to be overseen by the CFTC [5][6]