Slowdown in Macau Cripples Gaming ETF
July 17, 2014 at 13:59 PM EDT
The gambling industry-related exchange traded fund is crapping out as revenue slows in Macau, the world’s largest gambling market. The Market Vectors Gaming ETF (NYSEArca: BJK) declined 1.4% Thursday on heavy volume that was over twice the daily average and dipped below its 200-day simple...