Casino stock drops after China detains 18 staff

Steve Wynn bets billions on Macau

One of Australia’s top casino operators is in trouble in China — and its stock is getting hammered.

Shares in Crown Resorts plunged nearly 14% in Sydney on Monday after the company said Chinese authorities have detained 18 of its employees, including a senior executive who works with high-rolling gamblers.

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World business news – CNNMoney.com

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