Betting on Macau: 3 Gaming Stocks to Buy

Gaming companies with casinos in Macau are red-hot

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Betting on Macau: 3 Gaming Stocks to Buy

Wynn Resorts (WYNN)

wynn Betting on Macau: 3 Gaming Stocks to Buy

Next up, investors should also consider Wynn Resorts (WYNN). While Sands China has more rooms in Macau, Wynn makes more from its gambling. According to Motley Fool gaming expert Travis Hoium, Wynn’s tables generate $25,060 per unit per day in winnings vs. an average of $16,283 for the Sands’ four Macau properties.

That’s a big deal if the anticipated growth Wells Fargo and others see for Macau materializes.

Plus, Wynn also has a more balanced income statement, boasting a decent amount of revenue here in the U.S. In fact, WYNN generated 29% of its revenue stateside in the first six months of the year and its Las Vegas operations enjoyed a 65% increase in adjusted property EBITDA during Q2.

That region could make a big difference if the U.S. economy decides to move into high gear — and if Wynn can snag casinos in Massachusetts and Philadelphia.


Article printed from InvestorPlace Media, http://investorplace.com/2013/10/macau-stocks-to-buy-now/.

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