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Wynn Resorts is tumbling after Macau reported disappointing revenue growth (WYNN) | Markets Insider Wynn resorts stocks take a slide as macau numbers fail to meet expectations

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 · Wynn Resorts, Limited (Nasdaq: WYNN) and other casino stocks traded lower on Monday after gaming revenue numbers from Macau came in lower than expected for the second consecutive month. Analysts say a.
 · Wynn Resorts saw its stock get hit hard with the release of June revenue numbers from Macau. Despite a reported year-over-year increase in revenues of 12.5%, stocks with an interest in the Macau market have all.
Wynn's stock shoots above 200-day moving average after upbeat Macau revenue data Shares of Wynn Resorts Ltd. shot up 7.7% in afternoon trade Monday, after Instinet analyst Harry Curtis said data showed that gross gaming.

Wynn's ex-wife testifies at casino hearing

Wynn Macau Ltd. Wynn Macau Ltd. operates as a holding company. It owns and operates a hotel and casino resort. The company operates through its subsidiary, Wynn Resorts (Macau) S.A., conducts gaming activities in casinos.
 · Deutsche Bank said today that "while the quarter wasn't wildly out of line with consensus, simply put, Palace opened and Wynn lost share sequentially in Macau, had lower sequential Macau EBITDA, experienced.
 · Impressive Macau growth has lifted Wynn Resorts and Las Vegas Sands to new highs, but both stocks are now extremely overbought. Impressive Macau growth has lifted Wynn Resorts and Las Vegas Sands to new highs, but.
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Wynn Resorts is tumbling after Macau reported disappointing revenue growth (WYNN) | Markets Insider Wynn resorts stocks take a slide as macau numbers fail to meet expectations

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 · Macau is growing, and if Wynn Resorts can gather more market share on top of that growth, it could fuel the stock higher..
 · Casino stocks Wynn Resorts (WYNN) and Las Vegas Sands (LVS) are gaining today after strong gambling data out of Macau, and both present affordable options-buying opportunities Toggle navigation Home Trading Services.

starburst-pokieWynn Resorts Shares May Push Higher on Macau Growth -- The Motley Fool Wynn resorts stocks take a slide as macau numbers fail to meet expectations

Wynn Resorts is tumbling after Macau reported disappointing revenue growth (WYNN) | Markets Insider Wynn resorts stocks take a slide as macau numbers fail to meet expectations

 · In light of February’s result, consensus expectations for MPEL and WYNN look too low. Given continued uncertainty and increasing expectations for March revenue figures, it may be best to stay selectively bullish on the Macau.
 · Wynn Resorts continues to take market share in Macau. Skip to main content Helping the world invest better since 1993. Hi, …

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Wynn Resorts Shares May Push Higher on Macau Growth Macau is growing, and if Wynn Resorts can gather more market share on top of that growth, it could fuel the stock higher.
May 24, 2017 at 9:13AM Shares of Wynn Resorts rose 2.
Analysts at Sanford C.
Bernstein think that not only will Macau grow double digits again in May, but like Las Vegas Sands and Melco Entertainment.
MGM Resorts may have also gained some share, according to the analyst, but it's Wynn who gets a much bigger percentage of its revenue from Macau, and a gain in market share would be big news for investors.
Image source: Wynn Resorts.
And the biggest risk was that it wouldn't generate enough money to justify the investment, a particular worry wynn resorts stocks take a slide as macau numbers fail to meet expectations the time because at the time, Macau's gaming market was still in decline.
To make matters worse, the resort was only allocated 150 gaming tables, well below the 400 it wanted.
By comparison, Venetian Macau has 550 table games, and Sands Cotai Central has 404, so the allocation was a big disadvantage.
And if it can gain market share, it could be much more profitable in the future.
Bad news wynn resorts stocks take a slide as macau numbers fail to meet expectations everyone else If Bernstein is right, and Wynn is gaining market share in Macau, it would be bad for Las Vegas Sands, Melco, and MGM.
Steve Wynn typically has the most profitable resort in every location he builds, and stealing even a few percentage points of market share in Macau could pull hundreds of millions in annual revenue from competitors.
The good news is that Macau may be growing again.
So, even if Wynn is taking market share, we may see competitors be able to generate flat revenue in Macau.
And that would be good considering the increase of supply over the past year in the region.
Wynn may have room to run higher Depending on how high Wynn's market share goes in Macau, the stock could have a lot higher to run.
Macau's growth is a huge tailwind, and so is any gain in market share at Wynn Resorts.
If these reports are true, the stock could have much higher to run, and we may even see Wynn decide to up its dividend again.
And that could further supercharge an already hot stock in 2017.
Travis Hoium has been writing for fool.

Regardless Of Wynn Resort Fate, The Building Is Here To Stay



Wynn Takes Hit On June Macau Numbers - Wynn Resorts, Limited (NASDAQ:WYNN) | Seeking Alpha Wynn resorts stocks take a slide as macau numbers fail to meet expectations

Wynn Resorts is tumbling after Macau reported disappointing revenue growth (WYNN) | Markets Insider Wynn resorts stocks take a slide as macau numbers fail to meet expectations

Wynn Resorts (WYNN) Stock Falls Despite Q2 Earnings Beat Zacks Equity Research July 26, 2017 WYNN MGM PENN MLCO Trades from $ 1 What would you like to follow? Cancel Read More.
About Wynn Resorts Ltd Las Vegas' slogan, "What happens in Vegas, stays in Vegas," doesn't apply to your winnings in its many casinos. Wynn Resorts Ltd. Find stocks that match your portfolio Search stocks using popular.
 · Wynn Resorts is trading down sharply, lower by 8.08%, Monday following news that Macau gaming revenue growth underperformed expectations for the month of June. Other casino stocks are getting hit as well. Here's.
 · Wynn Macau Kawaii Kiri / Flickr, CC Wynn Resorts, the global gambling empire controlled by Steve Wynn, is encouraging staff at its Wynn Macau property to take unpaid leave for the first time since the financial …

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