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7, 2018 | Updated 2:14 p.m. MT Aug. 8, 2018 The Federal Bureau of Investigation released this video clip of the armed robbery of Mazatzal Casino near Payson on July 17. FBI Two men were arrested on suspicion of robbing Mazatzal Casino near Payson on July 17. Two casino employees were arrested Monday in connection with the armed robbery of Mazatzal Casino near Payson, the FBI said. The men, Ryan Pearson, 31, and Armando Ochoa, 32, were arrested without incident for the robbery that took place on July 17, the FBI said Tuesday. Pearson and Ochoa both were employed at the Mazatzal Casino, located on the Tonto Apache Indian Reservation, the FBI said. The two men, dressed in all black, brandished pistols and long guns, fired multiple rounds inside the casino and fled with an undisclosed amount of money, the FBI said. Officials previously released surveillance video of the suspects seeking the public's help in identifying them. No one was injured during the robbery, the FBI said.
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https://www.barrons.com/articles/when-gambling-with-casino-stocks-look-beyond-vegas-and-macau-1534273734 Wynn’s Been a Losing Bet, but These Casino Stocks Could Be Ready to Roll Gambling on casino stocks hasn’t paid off this year, but there might be some winners who are just down on their luck. Large-cap gaming operators are down an average 9%, and many of the stocks sold off after posting weak second-quarter results . Investors are worried about weak convention attendance in Las Vegas, down 3.1% this year, and they’re getting antsy about Macau —the big Chinese gambling market at the mercy of Beijing. Jefferies analyst David Katz downgraded Wynn Resorts (WYNN)—a major Macau operator—from a Buy to a Hold today, arguing that the market is “losing some luster” as the Chinese economy falters , its currency weakens , and concessions for casino licenses start to expire, creating uncertainty for operators. Yet weakness in the stocks may be creating buying opportunities.
For the original version including any supplementary images or video, visit https://www.barrons.com/articles/when-gambling-with-casino-stocks-look-beyond-vegas-and-macau-1534273734
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