Las Vegas Review Journal – Anytime the investment community gets downwind of a potential hiccup in the Macau gaming market, a slash-and-burn mentality sets in.

The victims are often MGM Resorts International, Las Vegas Sands Corp. and Wynn Resorts Ltd. The Las Vegas-based companies have subsidiaries listed on the Hong Kong Stock Exchange and those stock prices usually take a beating. Sometimes, the companies’ share prices on the New York Stock Exchange and Nasdaq suffer collateral damage.

In April, skittish investors worried about deteriorating liquidity in the high-end wagering credit market. A month earlier, it was fear that gamblers would stay home following the lucrative Chinese New Year holiday.

In both cases, the issues never materialized.

Macau casinos fell just short of reaching a third straight $4 billion revenue month in April, but still reported a 10.6 percent increase. March’s total was $4.4 billion, Macau’s third-highest-ever monthly gaming revenue figure.

Last week, media in Macau and Hong Kong reported a police crackdown down on illegal use of mobile card payment technology. Also, it was suggested the government might change its policy on allowing mainland Chinese to visit Macau.