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Most stocks of casino groups operating in Macau took a big hit on Monday amid fears of tightening credit for many high roller gamblers from China. Many stocks were down more than 20% with heavy volume and selling pressure throughout the day. SJM Holdings lost a quarter of its value while MGM China Holdings — owned by MGM Resorts International –was off 20% along with other Hong Kong-listed units of US casino operators. Macau has seen record revenues in 2011 with explosive growth in gambling on slots, baccarat, and other games. Fears have been growing, however, that China might move  [ Read More ]