Macau

Casino stocks have taken a beating in recent weeks, and one Wall Street analyst says it’s time for investors to step in and buy the dip in a handful of top stocks. The Analyst Jefferies analyst David Katz updated his ratings and price targets for the following gaming stocks: Upgraded Boyd...

Casino stocks with exposure to the Macau region were trading mostly lower Friday morning as gambling revenue in the region rose 12.1 percent in May, but fell short of expectations. What Happened Throughout the month of May, total gambling revenue rose 12.1 percent from a year ago to 25.5 billion...

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)...