VIPs Are Back in Control in Macau
The same forces that drove a massive decline in Macau's gaming revenue a few years ago are driving the region's recovery in 2017. Chinese VIP baccarat players, who shunned the region from 2014 to 2016, are slowly making their way back to its gaming tables.
How this return of the VIPs will impact casino operators will vary significantly depending on the market's they're catering to. Wynn Resorts' (NASDAQ: WYNN) focus on the high-end player is paying off compared to the mass market appeal of Las Vegas Sands' (NYSE: LVS) properties.
Image source: Las Vegas Sands.
Source: Fool.com
Wynn Resorts Ltd Stock
€75.18
1.590%
With 21 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 116 € shows a very positive potential of 54.3% compared to the current price of 75.18 € for Wynn Resorts Ltd.
