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Hedge Funds Cash in Chips on Wynn Resorts Stock Amid Macau Struggles

Shares of Wynn Resorts, Ltd. (NASDAQ:WYNN) are up nearly 18 percent year-to-date, trailing the S&P 500 by about 600 basis points. Data indicates the...

Todd Shriber December 4, 2019
Macau casinos

Macau Casino Revenue Fell 8.5 Percent in November as Gaming Hub Continues to Battle Headwinds

Gaming revenue at Macau’s casinos in November fell 8.5 percent year on year to $2.8 billion, as headwinds continue to buffet the world’s biggest...

Philip Conneller December 2, 2019
Las Vegas Strip GGR Nevada casino

Las Vegas Strip Gaming Revenue Declines 9.25 Percent in October, Reduced Hold Blamed

Casinos on the Las Vegas Strip saw their gross gaming revenue (GGR) decline 9.25 percent last month, with poor hold and a lethargic convention...

Devin O'Connor November 26, 2019