Casino Stocks…Can Macau Keep Them Going?
Macau is a huge driver for three big U.S. casino stocks. I’ve read that the gambling revenue from Macau is three times that of Las Vegas. It is a huge market. Macau sits on the southern edge of China, just across the bay from Hong Kong.
In this video I check in on Las Vegas Sands (LVS), MGM Resorts International (MGM) and Wynn Resorts (WYNN). Continue reading