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Better Casino Stock Buy: MGM or Wynn Resorts?

TheMotleyFool

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Better Casino Stock Buy: MGM or Wynn Resorts?: https://g.foolcdn.com/editorial/images/722821/mgm_resorts___f1_2023___bellagio_grandstands___revised_22823_low.jpg

The global casino-games market is projected to grow 7% annually through 2027, according to Statista. As the hospitality and gaming industries both recover from the pandemic, let's take a closer look at two casino stocks and determine which is a better buy in today's market.

Coming off its fifth straight record quarter for Las Vegas Strip property earnings, MGM Resorts International (NYSE: MGM) has officially resumed operations in Macau.

During last month's earnings call, MGM CEO Bill Hornbuckle stated "Macau is back" after pandemic restrictions were lifted in early January. Looking ahead, he anticipates "tremendous opportunities for growth" among MGM's regional segments -- with Macau at the top spot.

Source Fool.com

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