In today’s briefing:
- Wynn: Market Has Not Caught on yet to Speed of Macau Recovery Making Current Entry Point Attractive
Wynn: Market Has Not Caught on yet to Speed of Macau Recovery Making Current Entry Point Attractive
- Investors appear to be divided in outlook on Wynn. Some concern about post covid Las Vegas boom losing steam vs. exploding Macau recovery beyond most early forecasts.
- Wynn’s Macau properties are particularly aimed at the all important premium mass segment which is already showing itself in dramatic casino win games at Wynn propeties.
- The company still benefits from the vision of founder Steve Wynn in the properties developed before his controversial resignation in 2018.
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