Macau

Wynn Resorts, Limited (NASDAQ: WYNN) investors have had a bumpy ride in 2018 after CEO Steve Wynn was accused of sexual misconduct. After Wynn resigned from his position Tuesday, Susquehanna is refocusing on the company's performance.  The Analyst Susquehanna analyst Rachael Rothman...

Casino stocks are stumbling out of the gate in 2018 after Macau finished 2017 with a December revenue number that fell just short of consensus analyst expectations. Melco Resorts & Entertainment Ltd (ADR) (NASDAQ: MLCO), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE: LVS)...

Any casino stock investor knows there are two places on the globe that can move the market at a moment’s notice: Las Vegas and Macau. Las Vegas is the largest gaming hub in the U.S., but Macau is the largest gaming hub in the world. Four public companies listed in the U.S. are licensed to...

Casino stock are for the most part higher since the start of 2017, but the longer-term outlook in the important Macau gaming market remains a question mark. One of the most notable casino operators, Las Vegas Sands Corp. (NYSE: LVS) generates nearly half of its entire EBITDA in Macau. The Analyst...

Casino stocks are selling off in mid-morning trading on news out of Macau that Chinese travelers decided not to try their luck over the Golden Week holiday. Golden Week is a seven-day national holiday in China that occurs twice a year. The October Golden Week celebrates the National Day of the...

Analysts at Deutsche Bank turned bullish on casino operator Wynn Resorts, Limited (NASDAQ: WYNN) after a reconfiguration of the casino floor in Wynn Palace to attract more visitors is showing signs of success. The firm's Carlo Santarelli upgraded Wynn's stock rating from Hold to Buy with a price...

As Macau recovers, so do casino stocks. Wynn Resorts, Limited (NASDAQ: WYNN), which has a particularly high exposure to Macau, China, is the world’s biggest gaming destination. The company derived 69 percent of its EBITDA from Macau, according to its second-quarter earnings report released...

Previewing the results of casinos, Barclays said the second-quarter was overall a good one for gaming companies. The firm said strength in Macau, solid results in Las Vegas and continued stability in regional gaming provided a solid backdrop for companies in its coverage universe. Analyst...

Macau casino stocks Melco Resorts & Entertainment Ltd (ADR) (NASDAQ: MLCO), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts International (NYSE: MGM) have been on fire in 2017, but recent reports over junket liquidity concerns in Macau triggered a...

Shares of Macau casino operators Melco Resorts & Entertainment Ltd(ADR) (NASDAQ: MLCO), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts International (NYSE: MGM) all traded lower Friday on new reports that one of Macau’s major junket operators may...

Shares of Macau casino operators Melco Resorts & Entertainment Ltd(ADR) (NASDAQ: MLCO), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts International (NYSE: MGM) were all getting hammered in early Friday trading after Bloomberg reported that one of Macau...

One of the benefits for U.S. gaming investors who own shares of Macau casino operators is that the government has limited the competition. Through 2020, only six operators are licensed to run casinos in Macau. Of the six license holders, only four are listed on major U.S. exchanges: Melco Resorts...

Western casino stocks gained momentum Thursday as peers in Macau, the Chinese-controlled gaming mecca, posted their 10th consecutive positive month amid continued recovery from local anti-corruption efforts. May gambling revenues popped 23.7 percent ($2.83 billion) year over year ahead of analyst...

With Macau’s gaming recovery beginning to gain momentum, Las Vegas hit a bit of a bump in the road in April. Nevada's state gaming control board released its report Wednesday on gaming revenue for the Las Vegas area in the month of April. Here's a brief overview. The Numbers Nevada...

Long-time Macau gaming investors know that government policy risk is simply part of the equation. Macau casino stocks, including Melco Resorts & Entertainment Ltd(ADR) (NASDAQ: MLCO), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts International (NYSE:...