LVS and Wynn companies are unstable
The Union Gaming Securities LLC brokerage company reported that the situation in Las Vegas Sands Corp and Wynn Resorts Ltd remains unstable.
At the same time, the prices for shares of these operators were practically not affected.
The cause of the unstable situation, according to experts, was the Sino-US trade confrontation and its impact on the economy of China. It also was not without a typhoon Mangkhut, which had a negative impact on the gross gaming profits of the operators this month.
"Las Vegas Sands has unique capabilities. The company is able to withstand any sustained slowdown or decline in Macau. If the market manages to recover, we expect Wynn Resorts shares to grow significantly," - representatives of Union Gaming said.
Suggested Reading - The largest operator of Macau refused to use plastic in gambling establishments