Macau

Las Vegas Sands Corp. (NYSE: LVS) is Morgan Stanley’s new top pick in the gaming sector. Earlier this week, Morgan Stanley raised the price target on Overweight-rated MGM Resorts International (NYSE: MGM) from $40 to $41. For Equal-Weight-rated Wynn Resorts, Limited (NASDAQ: WYNN), the...

Wynn Resorts, Limited (NASDAQ: WYNN) offered an update Wednesday on its financial performance and dividend. While the update was "impressive," the company's ongoing regulatory and legal woes create an overhang, making a bullish stance inappropriate, according to Stifel....

The Nevada state gaming control board released its report on gaming revenue for the Las Vegas area in January. Nevada's non-restricted gaming licensees reported a total “gaming win” of $1.015 billion in January, a 2 percent year-over-year decrease. Statewide revenue is now up 1.5...

The VanEck Vectors Gaming ETF (NYSE: BJK), the only exchange traded fund dedicated to casino and gambling stocks, is up modestly this year and higher by nearly 35 percent over the past 12 months. Bullish data out of Macau cold support further upside for BJK. BJK marked a decade on the market in...

Wynn Resorts, Limited (NASDAQ: WYNN) shareholders have had a rough go of it in recent weeks after CEO Steve Wynn was forced to resign in the wake of sexual misconduct allegations. But while Wynn shareholders are still reeling from the leadership change, Height Securities analyst Stefanie Miller...

Shares of Wynn Resorts, Limited (NASDAQ: WYNN) have gained around 75 percent over the past year, even when including a sharp sell-off in the stock after sexual assault accusations against its CEO Steve Wynn, who resigned Tuesday. Now is a good time for investors to sell the stock,...

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...