Macau’s Gaming Market Is Booming Again

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.

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Source: Fool.com