Wynn Resorts took a potential $7.1 billion bid for Australia’s Crown Resortsoff the table last week, but wagering in the gambling sector won’t stop. The Las Vegas-based casino operator abruptly ended talks over a takeover bid for Crown last week, less than 24 hours after the Australian company disclosed the two were in deal discussions. Both the bid and its sudden end were a surprise to investors, but many believe this likely isn’t the end of the story: Crown’s shares are still trading 11% higher than before the news broke....

Source: Wall Street Journal April 17, 2019 09:22 UTC