The real cash cow for these stocks is the Macau offshoots, which have been sluggish lately. Most of the casinos that own a companion casino in Macau are taking hits. Cambodia, Singapore, Korea and other countries have all been trying to get a share of the Macau gaming. Macau Casino Stocks Down On Weaker Revenue Outlook Macau Casino Stocks Down On Weaker Revenue Outlook. But the lack of a July bounce-back may suggest an economic slowdown in China and growing competition in the Philippines played a larger role. During July, Santarelli said Wynn Resorts' (NASDAQ: WYNN) Macau market share gained 161 basis points to 11 percent and Las Vegas Sands' (NYSE: LVS) share grew by 113 basis points to 23 percent. Why Casino Stocks Have Struggled in 2018 -- The Motley Fool Why Casino Stocks Have Struggled in 2018 Investors are concerned that the future of gaming may not be as bright as it appeared a few months ago.
Why Nomura is Bullish on Macau Casino Stocks - Barron's
Can We Expect Casino Stocks to Recover in 2019? | Home Business ... Nov 19, 2018 ... Casino stocks have struggled to gain momentum in 2018, and a lot of ... potentially explanation of – the declining land-based casino industry. Wynn Resorts: Here's Why This Casino Stock Is Soaring Today | Fortune Jan 27, 2017 ... A bet on a new casino in Macau, China is paying off for Wynn Resorts. ... the company's stock down 14% to a low of $85 in early November. Are Gaming Stocks a Good Bet in 2019? | The Motley Fool Canada Dec 15, 2018 ... (TSX:GC) and Stars Group Inc. (USA) (NASDAQ:TSG) stocks could suffer as recessions have been unkind to the gaming industry in the past. ... Shares of Stars Group were down 28% over a three-month span as of close on ...
Analysts' Bets Diverge on Casino Stocks - Barron's
Why Wynn Resorts (WYNN) Stock Is Down Today ... have fallen as a result of the Macau Monetary Authority ordering jewelry stores and pawnshops that are operating on casino floors to get rid of ... Why is Wynn Resorts (WYNN) Stock Down Today? - Nasdaq.com On Friday, shares of luxury resort and casino operator Wynn Resorts Ltd. WYNN are falling, down over 2.5% in morning trading after the company's. ... Why is Wynn Resorts (WYNN) Stock Down Today ... Why Gambling and Casino Stocks May Be 2018’s Best Bet Now ... For growth investors who have grown weary of the constant market tug-of-war, sports gambling stocks could be a great place to look for ideas. ... Why Gambling and Casino Stocks May Be 2018’s ... Why Nomura is Bullish on Macau Casino Stocks - Barron's Huang says clever stock picking is key to picking the winners among Macau’s casino stocks in 2017. His top picks are MGM China, which he thinks can rise 25%, and SJM Holdings (), which has 40% ...
3 Gaming Stocks to Double Down On in 2019? - SmallCapPower
Sep 11, 2018 ... Casino stocks Wynn Resorts, Las Vegas Sands, MGM Resorts and Melco Resorts & Entertainment fell on fears Macau could be hit by China's ... Gambling Stocks Aren't So Lucky, According to Goldman Sachs ... Oct 19, 2018 ... Where we were: Casino stocks have suffered this year, hurt in large part ... LVS) and MGM Resorts (MGM) both down nearly 20% year to date, ... Shawn Kravetz is Betting on Gambling Stocks. Here's Why - Barron's Jan 25, 2019 ... Casino Stocks Look Tempting to a Value Investor ... had traded in the low teens in early 2017, went to $37 last summer, and then down to $18. 3 Casino Stocks to Bet On - Yahoo Finance
3 Gaming Stocks to Double Down On in 2019? - SmallCapPower
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These Two Gaming Stocks Have Plunged At Least 44% in 2018 ... 26 Nov 2018 ... These Two Gaming Stocks Have Plunged At Least 44% in 2018 ... IGT's revenue was down 5% to $1.16 billion, and operating income fell ... Casinos Are Getting Nervous As Las Vegas Revenues Drop And ... 6 Aug 2018 ... The recent round of poor results has Las Vegas casino operators ... Through June, both overall visitation to Las Vegas and room occupancy are down ... the news of the Strip's struggles with concern, as casino stocks fell by as ... Why Wynn Resorts (WYNN) Stock Is Down Today - TheStreet Wynn Resorts (WYNN) stock is declining as the Chinese government adds more restrictions on the use ... Other casino stocks, such as Las Vegas Sands Corp.