Better Buy: Wynn Resorts or Caesars Entertainment Stock?
According to ResearchAndMarkets.com, the global casino gaming industry was worth an estimated $7.3 billion last year and is projected to reach nearly $12 billion by 2030 -- suggesting an annual growth rate of 6.16% during that period.
Considering that the casino market is still rebounding from its pandemic-induced lull, casino companies and investors alike stand to benefit from long-term industry growth. With that in mind, I've compared two casino stocks to determine which makes a more opportune buy in today's market.
After posting record earnings for its North American properties in fourth-quarter and full-year 2022, Wynn Resorts (NASDAQ: WYNN) also resumed operations at its Macao resort earlier this year.
Source Fool.com
