3 Casino Stocks to Bet On - Yahoo Finance

Macau’s casino operators have pledged billions of dollars to develop non-gaming attractions in a bid to secure new licences, but analysts predict only the more efficient like Sands China and Unlike the other casino stocks, which are on the radar for placing bets, MGM is ready to make coin for bears today.Despite narrowly topping the Street's top and bottom-lines and raising its Macau Revenue Rebound Could Save Casino Stocks. Jan. 3, 2017 2:29 PM ET | | Includes: BJK, LVS, MGM, WYNN. by: MTS Insights. MTS Insights. Long/short equity, earnings, energy, value. MTS Insights MarketBeat: Macau Casino Stocks Lag Police in mainland China and Macau have recently detained people from at least three of Macau's biggest junket operators. The WSJ's Kate O'Keeffe discusses the Casino Stocks Lag In the past six months, the VANECK VECTORS/GAMING ETF (NYSE: BJK ) is down 28.6 percent compared to just an 8.5-percent decline for the SPDR S&P 500 ETF Trust (NYSE: SPY ). Wynn Macau revenues decreased 311.5% year over year to $518.1 million in the quarter, owing to lower casino revenues. Notably, casino revenues from Macau operations declined 10.9% to $488.3 million. Monthly casino revenue in Macau fell for the first time in more than two years as China’s economic slowdown deterred high rollers -- but the drop was less steep than expected, fueling a relief And so, if Penn is willing to pay eight times to nine times EBITDA for a second-best casino with little-to-no upside, then the stocks of the Macau casino operators as a group have to look really Macau Casino Stocks Lag By Kate O'Keeffe. Updated Dec. 3, 2012 11:12 pm ET Macau casino stocks are among Hong Kong's biggest decliners, reacting to news that the Chinese government is increasing Shares in casino stocks are soaring today, One of the reasons Wynn shares lag its peers is because it is more heavily reliant on just its properties in Las Vegas and Macau. Both MGM and

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