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2023-07-06 06:25:12 ET The China economic slowdown is becoming an increasing concern for money managers. A recent Bloomberg survey of 17 strategists and fund managers saw lower expectations of gains in Asian equities due to worries about China's economic outlook, along with fading chanc...
2023-07-01 09:32:02 ET The Macau Gaming Inspection and Coordination Bureau reported gross gaming revenue in the gambling region rose 514% year-over-year in June to $15.21B patacas ($307M). While the return of live performances in Macau and the four-day Dragon Boat Festival holiday were cite...
2023-06-29 14:16:39 ET Summary I have a positive investment outlook for WYNN given the strong performance across its properties in Macau, Las Vegas, and Encore Boston Harbor, and the ongoing recovery in Macau's gaming industry. WYNN's valuation is currently more appealing, trading...
2023-06-25 09:23:00 ET Amid a shaky economy, persistent inflation, and climbing interest rates, Wynn Resorts (NASDAQ: WYNN) produced record earnings results last quarter. Here's why I'm bullish on this casino stock despite today's challenging operating environment. Wynn's La...
WynnBET Launches iCasino & Online Sportsbook in West Virginia WynnBET Launches iCasino & Online Sportsbook in West Virginia PR Newswire West Virginia becomes WynnBET's 11 th operational online state LAS VEGAS , June 22, 2023 /PRNewswir...
Restaged and Reimagined AWAKENING Returns to Wynn Las Vegas PR Newswire Tickets On Sale Now for Performances Starting June 30 LAS VEGAS , June 20, 2023 /PRNewswire/ -- Awakening , a modern "only-in- Las Vegas " spectacle, returns to Wynn L...
2023-06-17 09:53:49 ET The sports betting sector was rattled during the week when powerhouse DraftKings ( NASDAQ: DKNG ) jumped in with a $195M offer to buy the U.S. assets of PointsBet ( OTCQX:PBTHF ) to mark a 30% premium to an earlier bid from Fanatics ( FANA ). I...
2023-06-13 10:44:07 ET China might be experiencing a new Covid-19 wave and the country’s history of harsh lockdowns has some investors, especially in casino stocks, worried. In May, positive COVID test results across the country came in at 40%, marking the highest level seen ...
2023-06-13 10:19:38 ET Analysts at Jefferies parted ways with their bullish stance on casino stocks last week and are sticking to the sidelines on both Las Vegas Sands Corp. ( NYSE: LVS ) and Wynn Resorts, Limited ( NASDAQ: WYNN ). Jefferies analyst David Katz is moving to t...
2023-06-12 09:15:09 ET The casino industry has experienced tremendous growth in recent years, and several companies highlight the potential for even better times ahead. Digitization and regulatory changes have paved the way for gaming companies to diversify their operations and offe...
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2024-07-12 10:00:05 ET Stephen Grambling from Morgan Stanley issued a price target of $107.00 for WYNN on 2024-07-12 08:28:00. The adjusted price target was set to $107.00. At the time of the announcement, WYNN was trading at $84.61. The overall price target consensus is...
2024-07-11 06:00:04 ET Carlo Santarelli from Deutsche Bank issued a price target of $131.00 for WYNN on 2024-07-11 04:38:00. The adjusted price target was set to $131.00. At the time of the announcement, WYNN was trading at $83.91. The overall price target consensus is a...
2024-07-09 12:30:01 ET Macquarie analyst issues OUTPERFORM recommendation for WYNN on July 9, 2024 11:02AM ET. The previous analyst recommendation was Outperform. WYNN was trading at $85.665 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...