Why Wynn Resorts (wynn) Stock Is Slumping Today

NEW YORK (TheStreet) -- Shares of Wynn Resorts, Limiteda are lower by 2.52% to $182.36 this morningaafter news that Macau September casino gaming revenue is expected to have plunged 13% from a year ago, Bloomberg reported. The fallain gaming revenue in September would mark four straight months of declines in Macau, the only regionain China where casinos are legal. Visa restrictions and theacrackdown on the use of UnionPay debit cards to transfer money from China have kept away high rollers, who accounted for 60%aof the city's gaming revenue, Bloomberg added. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.

BING NEWS:
  • Wynn (WYNN) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
    Wall Street analysts forecast that Wynn Resorts (WYNN) will report quarterly earnings of $1.43 per share in its upcoming release, pointing to a year-over-year increase of 393.1%. It is anticipated ...
    05/2/2024 - 2:15 am | View Link
  • Wynn Resorts Ltd WYNN
    We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
    05/1/2024 - 9:00 am | View Link
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    Wynn Resorts Ltd CEO Matt Maddox will step down at the end of January and hand over the reins to executive Craig Billings New York State gambling regulators approved online sports-betting licenses ...
    05/1/2024 - 5:00 am | View Link
  • Wynn Resorts Ltd
    We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
    04/29/2024 - 1:00 pm | View Link
  • Wynn Resorts Highlights Accomplishments in Sustainability and Community Impact with Release of 2023 Environmental, Social and Governance Report
    About Wynn Resorts Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 Index. Wynn Resorts owns and operates Wynn Las Vegas ...
    04/29/2024 - 5:25 am | View Link
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