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Stock impact report

Chinese gamblers, cartel cash: The secret pipeline through Las Vegas' biggest casino [CNN]

Wynn Resorts, Limited (WYNN) 
Last wynn resorts, limited earnings: 2/6 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: wynnresorts.com
Company Research Source: CNN
Zhang strolled past the buzzing crowds around the blackjack tables, skirted the clanging slot machines and headed to a hotel room. He carried with him a satchel full of cash and a dark secret: He was a key player in a suspected global money-laundering scheme – one that catered to high-rolling Chinese gamblers and that investigators would later tie to some of the world's most dangerous criminal gangs. For years, authorities have battled an illicit black market for US dollars fueled by strict Chinese government restrictions on its citizens. Affluent Chinese nationals looking to bypass those rules pay middlemen to procure millions in cash – often sourced from Mexican cartels looking to rinse clean their illicit profits from fentanyl and other drug sales. Now, a CNN investigation that included a review of hundreds of pages of court documents and interviews with more than half a dozen law enforcement sources reveals new details about a little recognized participant in this booming ma Show less Read more
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