Global Gaming and Casinos Industry Specialist, Casino Business Review LLC

Howard J Klein

I am a 25+ year c-level executive of the casino industry in operations, marketing, international development and strategic planning. Currently, a consultant specializing in the casino space. Industry expert contributor and publisher of a subscription letter called "The House Edge". Extensive experience in marketing and development in the Asian gaming market while a senior executive at Caesars, Ballys Grand and Trump Taj Mahal.
Part of senior executive teams that valued acquisitions and mergers with companies in the casino, hotel, d entertainment rant  and restaurant space.

Global Gaming and Casinos Industry Specialist

Equity Bottom-Up

<ul>
<li>Wynn Resorts Ltd. Q3 Macau performance triggers an entry point around $100.</li>
<li>Wynn Palace revenue spiked 39.1%. Management announced plans to expand its 1,700 rooms to 3,000 aiming at an EBITDA production of US$1 bn by 2021/2.</li>
<li>Wynn Macau market share steady in the 15% to 17% range indicating minimal cannibalization.</li>
</ul>


Wynn Resorts Ltd. Q3 Macau performance triggers an entry point around $100.
Wynn Palace revenue spiked 39.1%. Management announced plans to expand its 1,700 rooms to 3,000 aiming at an EBITDA production of US$1 bn by 2021/2.
Wynn Macau market share steady in the 15% to 17% range indicating minimal cannibalization.


Macau Sector: Wynn Resorts Ltd Oversold on Bearish Macro Outlook that Is a Pause Not a Trend