CNBC Investing Club

You need to be patient on Wynn Resorts as the stock falls

People use mobile devices to take photographs of a fountain outside the Wynn Macau casino resort, operated by Wynn Resorts Ltd., in Macau, China, on Tuesday, Jan. 30, 2018.
Billy H.C. Kwok | Bloomberg | Getty Images

(This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates in your inbox, subscribe here.)

Shares of Wynn Resorts (WYNN), along with other Macao casino operators, are falling Monday, and the declines are not all about concerns related to the omicron variant. The group is sinking after the CEO of Suncity, the region's largest junket operator, and ten other people were arrested over the weekend in an investigation into an illegal gambling and money-laundering syndicate.

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