Wynn Resorts (WYNN) Stock Gained on Softening of Macau Visa Rules

Tourists holding passports from mainland China may now stay seven days in Macau, up from the current five day limitation, China’s Xinhua News agency said, Bloomberg reports. “High-frequency gamblers across segments can now visit twice every 30-days vs. twice every 60 days,” UBS Securities Anthony Wong said in a note, Bloomberg added.