![]() By Q2 2019, Wynn Resorts Ltd owed $9.15 billion. Since the company is heavily reliant on debt financing, a trade war between the two superpowers could adversely affect the bottom line. ![]() Naturally, there is room for growth with the company, particularly property prices in China. The Wynn Group is anticipating large-scale tourism across multiple regions, notably a pair of new restaurants in Las Vegas, new resorts in Boston (Encore Boston Harbor), and a complete redesign of Wynn Macau, among others. This resort is slated to enjoy a massive boost in tourism numbers and casual gambling in the future. One of the biggest drivers of success for this top-performing casino stock is Cotai, Macau. This diversification strategy is already paying dividends for the group, in tandem with robust gambling revenues in Macau. The company focuses on a multi-pronged strategy which includes driving up revenues through non-gaming activity vis-a-vis entertainment, accommodation, wining and dining, and general tourism. Casino stocks review: MGM Resorts International (NYSE: MGM)Ĭasino stocks review: Wynn Resorts Ltd (NASDAQ: WYNN) Hold?.Casino stocks review: 888 Holdings Plc: A Viable Contender for Top Casino Stock. ![]()
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