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 Stock
€96.08
3.800%
With 27 Buy predictions and not a single Sell prediction Wynn Resorts Ltd is an absolute favorite of our community.
As a result the target price of 115 € shows a slightly positive potential of 19.69% compared to the current price of 96.08 € for Wynn Resorts Ltd.
