Cotai Is Still Gaming's Hotspot
Results from Wynn Resorts last week show gaming growth continuing to move to Cotai in Macau. The company was able to grow revenue slightly but it didn't keep pace with Macau as a whole. The Fool's Erin Miller sat down with Travis Hoium to see what we can take from these numbers and whom to watch during earnings season.
For many companies, successfully capitalizing on a booming Chinese economy is like winning the jackpot. That's indeed the case for gaming company Las Vegas Sands, which made a big bet on Macau gaming about a decade ago that's paid off in spades. The company is now looking to spread its empire further, but will it be able to replicate its prior successes? Learn about all these opportunities, and the risks they pose, in our premium report on Las Vegas Sands. Be sure to claim your copy today by clicking here.
The article Cotai Is Still Gaming's Hotspot originally appeared on Fool.com.Erin Miller has no position in any stocks mentioned. Fool contributor Travis Hoium manages an account that owns shares of Wynn Resorts. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.