Las Vegas Is the World Gambling Capital Again

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The Motley Fool

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

Wynn Resorts (WYNN -0.48%) 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. Travis Hoium has…

Land-based ・ 09 February 2024

The Motley Fool

Why Las Vegas Casino Stocks Are Losing Steam

Las Vegas came out of the pandemic like a rocket, reporting record gambling revenue in 2022. But revenue is slowing, and Caesars Entertainment (CZR 0.82%) is feeling the pinch. *Stock prices used were end-of-day prices of Aug. 1, 2023. The video was published on Aug. 2, 2023. Travis Hoium has no position in any of the stocks mentioned. The Motley…

Land-based ・ 06 August 2023

The Motley Fool

Asia's Gambling Market Is Starting to Thaw

Asia's gambling markets have been hammered by COVID-19 and the zero-COVID policy in China, but that's starting to shift. China is opening up the economy again, and if Las Vegas is any indication, that could lead to a boom in gambling activity in Macao and Singapore. Motley Fool contributors Travis Hoium and Jason Hall discuss why Las Vegas Sands…

Industry ・ 31 January 2023

The Motley Fool

Casino Stocks Got Good News, but Investors Remain Wary

The stock market started the week on the wrong foot, as investors focused on threats to the health of the global economy in key areas like China. The Dow Jones Industrial Average ( ^DJI -1.45%), Nasdaq Composite ( ^IXIC), and S&P 500 ( ^GSPC -1.54%) all dropped about 1.5%, giving up a portion of their November gains. Casino stocks have been hit…

Finance ・ 29 November 2022

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The Motley Fool

Which of These Casino Stocks Is a Hotter Buy?

Casino-based resorts have certainly changed over the years. The word casino translates to "small house," and the first casinos were just that -- small, dimly lit gambling venues. Over time, casinos evolved into colossal resorts, complete with entertainment, convention facilities, luxury shopping malls, theme parks, pools, and fine dining. These…

Finance ・ 06 October 2022

The Motley Fool

Are These 2 Gambling Stocks Poised for a Comeback?

With the S&P 500 down 11% year to date, now is a great time to shop for deals in the market. And while the casino industry may face challenges from inflation and a possible recession, many companies still look poised for long-term success. Let's explore why MGM Resorts International (MGM 0.84%) and Penn Entertainment (PENN 2.08%) should be on your…

Covid ・ 24 August 2022

The Motley Fool

Regulators to Shutter PredictIt's Elections Gambling Platform

You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More When it comes to politics, all bets are off. Since 2014, online predictions…

Industry ・ 08 August 2022

The Street

Cruise and Casino Stocks: Which Are the Most Volatile?

The concept of beta - which measures a stock's volatility compared with the market as a whole - is an important one for equities. So is the concept of equity-risk premium -- that's how much more return you should get if you invest in stocks instead of risk-free assets like Treasury securities. The equity-risk premium has soared 42% this year. How…

Travel ・ 22 July 2022

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USA

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Nevada

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Las Vegas, USA

Review Journal

Macao casino shutdowns extended five days

Stock market prices for the affiliates of three Las Vegas companies operating in Macao began rebounding Monday, even after a weeklong government-ordered casino shutdown was extended by five days. The casino lockdown, which began July 11 and had been set to expire Sunday, is now scheduled to end July 23. Analysts have estimated the closures will…

Covid ・ 18 July 2022

The Motley Fool

Success Returns at Different Speeds in Las Vegas, Macau

You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More As any veteran gambler knows, sometimes you win, and sometimes you lose. For the two…

Baccarat ・ 02 June 2022

Study Breaks

What Are the Best Gambling Stocks To Buy in 2021?

The gambling industry is a very fast-growing and profitable one. The best gambling stocks to buy in 2021 have been around for a while and offer the newest technological advances to their customers. This article will discuss these best gambling stocks and how real money slots online are connected to them, as well as the important things to keep in…

Strategy Guide ・ 16 January 2022

Review Journal

Macao news propels stock prices for some Las Vegas casino operators

The stock prices of two Las Vegas-based gaming companies with operations in Macao soared Friday after the government there clarified its casino licensing framework following earlier proposals that clouded the region's outlook. Las Vegas Sands Corp., which operates one property on the Macao peninsula and five on the offshore Cotai Strip, saw its…

Land-based ・ 17 January 2022

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The Motley Fool

These 2 Nasdaq Stocks Hit the Jackpot Friday

The stock market has had a tough 2022 so far, and this week's attempt to try to claw back some ground after big losses last week has been mixed at best. The Nasdaq Composite (NASDAQINDEX:^IXIC) held up reasonably well on Friday morning, posting a gain of 24 points to 14831 as of 11:45 a.m. ET even as other major market indexes fell. However,…

Winnings ・ 14 January 2022

The Motley Fool

Could NFTs Disrupt the Gambling Business?

There's an NFT on the Ethereum (CRYPTO:ETH) blockchain that is hoping to upend the online gambling market. On Tuesday the Slotie NFT from Elia Software hit the market, and it could be the first NFT to generate real money from gambling. As NFTs become more popular and cryptocurrencies and the blockchain grow, NFT projects are becoming more and more…

Crypto ・ 10 December 2021

The Motley Fool

Why 1 Investor Is Watching This Gambling SPAC Very Closely

Earlier this year, Wynn Resorts (NASDAQ:WYNN) announced that it was spinning off part of its business, naming it Wynn Interactive. As part of the spinoff, special purpose acquisition company (SPAC) Austerlitz Acquisition Corporation (NYSE:AUS) is merging with Wynn Interactive to bring it the public markets, giving investors another gambling stock…

Finance ・ 11 November 2021

The Motley Fool

3 Ways This Lesser-Known Casino Stock Is Still Winning

With just two casinos to its name and a $1.25 billion valuation, Monarch Casino & Resort (NASDAQ:MCRI) isn't the southwest U.S.' biggest gambling operator by a long shot. It has, however, carved out a strong niche for itself at its two locations in Black Hawk, Colorado (near Denver) and Reno, Nevada, and is in the process of updating and expanding…

Finance ・ 29 October 2021

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MGM Resorts

Wynn Resorts

Wynn Resorts

The Motley Fool

How to help someone with gambling addiction

If you think that a friend or family member may have a gambling addiction, it can be hard to know how to approach the problem. Fortunately, no one has to face this alone. There is help available for people who are addicted to gambling, and their families. The person may become secretive, especially if they are aware there is a problem. It's likely…

Gambling Addiction ・ 09 October 2021

The Motley Fool

Why This Online Gambling Stock Is a Buy Right Now

Paysafe (NYSE:PSFE) announced its second-quarter earnings report on Aug. 16, and investors responded with stern negativity, sending the stock down 15%. But by all accounts, the company delivered strong results, including measurable progress in its U.S. online gambling ambitions. Paysafe is the biggest payment processor in iGaming (online gambling),…

Travel ・ 24 August 2021

The Motley Fool

Why U.S. Casinos Are Beating Macao Casinos Right Now

The casino industry has had a rough go of it over the past two years, with COVID-19 shutting down the industry at times and the cash cow of Macao being hit by even more restrictions than U.S. casinos. You might think that this kind of environment would be terrible for casino stocks, but that's not the case across the board. MGM Resorts (NYSE:MGM)…

Sports ・ 21 August 2021

The Motley Fool

This Growth Stock Is Riding the Online Gambling Boom

Innovation in the financial sector continues to enable new opportunities in emerging industries. As some forms of online gambling spread across America, there's a need for secure payment solutions to process customer transactions. Few business models require taking custody of customer funds (think stock brokerage accounts, for example), so it's…

Payment Methods ・ 05 August 2021

The Motley Fool

Did This Casino's Big Bet on Asia Just Go Bust?

It was a bold move by Las Vegas Sands (NYSE:LVS) to abandon its namesake city in favor of going all-in on Asia. Earlier this year, it sold the operating company behind The Venetian, The Palazzo, and the Sands Expo and Convention Convention Center to Apollo Global Management for $2.3 billion, while real estate investment trust VICI Properties bought…

Covid ・ 12 July 2021

The Press Of Atlantic City

Why Investing in Stocks Isn't Like Gambling

Investing in stocks could be a solid means of growing wealth. But that doesn't mean everyone's comfortable with it. Recently, I was chatting with a friend who told me that despite having some spare cash on hand to put into the stock market, he was instead leaving that money tied up in the bank. I pushed him a little for an explanation, and his…

Roulette ・ 15 June 2021

The Motley Fool

Is Evolution Gaming a Stock for the Long Haul?

Online gambling has been a trending industry over the last decade. Also known as iGaming, this global industry generated an estimated $45 billion in revenue in 2019 and that figure is projected to hit $77 billion by 2026, a 7.9% compound annual growth rate (CAGR). Surprisingly, one big reason for this expected growth (especially in the United…

Finance ・ 07 May 2021

The Motley Fool

Why Your 2021 Resolution Should Be to Buy More Gambling Stocks

The casino and gambling industry had an even stranger year than most of the market in 2020, with some stocks tanking and others flying high. Traditional casino companies like Melco Resorts, Las Vegas Sands, and Wynn Resorts not only underperformed the market, they lost value last year. Meanwhile, stocks like Penn National…

Sports ・ 19 January 2021

The Motley Fool

The 3 Largest Gambling Stocks in 2020

The gambling industry is certainly an interesting place for investors to seek opportunity today. The casino side of the industry is in turmoil right now, as COVID-19 has changed the game for the leading players. However, if and when a COVID-19 vaccine is approved for safe use, these beaten-down stocks could surge big time. On the other hand, the…

Sports ・ 19 January 2021