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4 Casino Stocks That Are Roaring Higher

Casino Stocks to Watch: Wynn Resorts (WYNN) Major casino operator Wynn Resorts (NASDAQ: WYNN ) could bounce higher in a big way if Macau gaming revenues continue to impress. Wynn has their footprint all over Macau. They operate three major resorts through Wynn Macau, Encore and Wynn Palace. Moreover, just under 75% of Wynn’s total revenues last year came from Macau. Thus, the saying “as goes Macau, so goes casino stocks” is especially true for WYNN stock. This stock dropped from $240 to below $70 when the Macau slowdown hit from 2014-16. Then, it rebounded to nearly $200 earlier this year as Macau bounced back. Therefore, if Macau revenues can continue to impress into the end of the year, WYNN stock should naturally be a big winner. Casino Stocks to Watch: Las Vegas Sands (LVS) Another casino stock, which is highly dependent on Macau is Las Vegas Sands (NYSE: LVS ). Las Vegas Sands has a very large presence in Macau.

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Group looking into turning Bristol Mall into casino

Invisible placeholder Group looking into turning Bristol Mall into casino Group looking into turning Bristol Mall into casino Copyright 2018 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. BRISTOL, Va. (WJHL) - A lobbying group is looking into turning the Bristol Mall into a casino.  Richmond-based Alliance Group Ltd., a lobbying and public relations firm, is handling the lobbying aspect of the proposed project.  "We want to bring jobs to the city and the region," says Rob Jones, the firm's president and CEO. "The team is excited to grow the economy across Southwest Virginia." Jones says the proposed gambling facility would be located within the 450,000-square-foot site.

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