Macau’s Gaming Market Is Booming Again
Macau's gaming industry isn't just going through a recovery -- the recovery is accelerating. Gaming revenue rose 22.1% in the month of October to $3.31 billion, its highest level in three years.
Once again, VIPs are driving the gains in Macau. The recovery has so far favored Wynn Resorts (NASDAQ: WYNN) over Las Vegas Sands (NYSE: LVS), MGM Resorts (NYSE: MGM), and Melco Resorts (NASDAQ: MLCO), but a rising tide will eventually lift all boats, and that's great news for investors.
Image source: Getty Images.
Source: Fool.com
Wynn Resorts Ltd Aktie
Reines Buy-Sentiment für Wynn Resorts Ltd, keine Sell-Einschätzungen in Sicht.
Eine Steigerung von über 50% ist für Wynn Resorts Ltd möglich, angesichts eines Kursziels von 115 € gegenüber 69.68 €.