Betting On Casino Stocks? The Odds Favor Las Vegas Sands Over Wynn Resorts
- Monday, April 6, 2020, 7:20
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Notably, Wynn Resorts stock is down over 50% since early February, while its rival Las Vegas Sands has lost 34% of its value over the same period. Although both companies have a similar exposure to Macau (around ~70% of total revenues), Wynn Resorts has grown at a faster rate…