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Las Vegas Casinos Are Great, but the Growth Is in Asia

The recovery in Macao has finally picked up steam.

By Travis Hoium – Feb 9, 2024 at 11:00AM EST

Wynn Resorts (WYNN +1.62%) reported outstanding earnings this week, but the company's growth is going to come from a place far from its Las Vegas home. In this video, Travis Hoium explains why Macao is the future of Wynn Resorts.

*Stock prices used were end-of-day prices of Feb. 7, 2024. The video was published on Feb. 8, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in MGM Resorts International and Wynn Resorts. The Motley Fool has positions in and recommends Vici Properties. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Wynn Resorts Stock Quote
Wynn Resorts
NASDAQ: WYNN
$100.39
(+1.62%)+$1.60
MGM Resorts International Stock Quote
MGM Resorts International
NYSE: MGM
$36.70
(+1.10%)+$0.40
Vici Properties Stock Quote
Vici Properties
NYSE: VICI
$28.42
(-0.91%)-$0.26
Caesars Entertainment Stock Quote
Caesars Entertainment
NASDAQ: CZR
$28.06
(-1.23%)-$0.35

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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