Comment on Why Wynn Resorts Is the Hottest Casino Stock

Why Wynn Resorts Is the Hottest Casino Stock

Shares of Wynn Resorts (NASDAQ: WYNN) are up 84% in 2017 and 131% since the beginning of 2016, leading a recovery in casino stocks in Las Vegas and Macau. The stock gains have coincided with a jump in Macau's casino revenue overall and the buildout of Wynn's new resorts. Given the tailwinds Wynn Resorts is seeing in the casino industry, the stock's strong run might not be over.

 

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