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Why Wynn, MGM Resorts Are Trading Higher Today. The global pandemic has been devastating to casino stocks in 2020, but optimism surrounding a COVID-19 vaccine has lifted a number of casino stocks on Thursday.Casino shares are trading higher potentially amid the beginning of vaccine rollouts, which could help casinos and other hotel and leisure companies regain demand.MGM Resorts International.

It’s not just about price, but about volume: A $500 investment might only buy you 5-10 shares of a recognizable blue-chip stock or it could buy you 100+ shares of a stock priced at $5 and below. If that company grows and becomes a mid-cap stock, you’ll see a lot more profit than you would have by investing in a more “normal” stock. Back in late January investors placed bets on green in WYNN stock following the casino’s better-than-expected Q4 earnings report. Now, however, the table is stacked against those bulls. Stock Performance by Company within Casinos & Gaming Industry: Company: ONE DAY: 5 DAY'S: 30 DAY'S: 90 DAY'S: YTD: Alst Casino Holdco, Llc: 12.25%: 18.16% - -68.04% - Boyd Gaming Corp -1.82%-3%: 19.69%: 48.71%: 36.54%: Century Casinos Inc -5.54%-13.88%: 8.48% -1.13%-22.67%.

The casino gaming industry is constantly in a state of influx because of untapped markets and rapidly changing technology.

Potential goldmines like Japan and Brazil offer opportunities for major land based casinos to continue growing. And virtual reality gives the online gaming world a new dimension.

You can be sure that publicly traded casino companies will try to take advantage of upcoming technology and/or new markets.

That said, let’s look at 7 public casino companies that are eyeing major growth over the coming years.

1. Las Vegas Sands Corp.

Las Vegas Sands is the world’s largest casino company with over $14 billion in annual revenue.

V4 crashing. This makes it seem like they don’t have much room for growth. And Sands has recently struggled because their Macau properties were stuck in the middle of a casino recession.

But the Sands Corp. is poised to take off in the future for two major reasons:

1. Macau’s gaming market is on the rebound.

2. Sands never stops looking for new areas to expand to.

Beginning with the first factor, Macau started their downturn in 2014. This is the point when the Chinese government began cracking down on money laundering and government corruption.

Many Asian high rollers were targeted during the money laundering investigations. Eventually, Chinese high rollers stopped pouring into Macau over fears that they’d be hassled.

The good news, though, is that the anti corruption campaign is slowing and Macau casinos are rebounding. This works for Las Vegas Sands, which owns the following casinos in the special administrative Chinese area:

Sands Cotai Central
Sands Macao
The Parisian
The Venetian Macao

The Sands Corp easily survived the Macau recession because they’re so focused on diversification. They have properties in Las Vegas, Macau, Singapore, and the American East Coast.

And they’re looking to expand their reach to both Japan and Brazil in the future.

Japan is the most realistic venture because the country legalized casino gambling at the end of last year. Las Vegas Sands has pledged to build a resort worth up to $10 billion.

Japan has 127 million residents and the world’s third largest economy. This is why many see the Land of the Rising Sun as the world’s next big casino market.

Sands is also looking into Brazil as a potential casino destination.

The only problem is that Brazil is years away from legalizing casinos. But this is still a country worth lobbying in because they have 207.7 million people.

2. MGM Resorts International

MGM is the biggest rival to Las Vegas Sands because they earn $9.5 billion per year and have properties in both America and Asia.

MGM is especially dominant on the Las Vegas Strip, where they own everything from casinos to arenas. Here’s a look at their Vegas Strip properties:

Casino Bio Stocks

Adventuredome
Aria Resort & Casino
Bellagio
Circus Circus Las Vegas
CityCenter (jointly owned with Dubai World)
Delano Las Vegas
Excalibur
Luxor
Mandarin Oriental
Mandalay Bay
Mandalay Bay Convention Center
Mandalay Bay Events Center
MGM Grand Las Vegas
MGM Grand Garden Arena
Monte Carlo
New York New York
Skylofts at MGM Grand
Slots A Fun Casino
The Mansion at MGM Grand
The Signature at MGM Grand (jointly owned with Turnberry Associates)
The Mirage
T Mobile Arena (jointly owned with AEG)
Vdara
Veer Towers

Casino gaming isn’t booming on the Vegas Strip, but entertainment and other ventures are. This is why MGM is poised for success with venues like their new T Mobile Arena, which hosts concerts and conventions.

The company has done well at expanding across the US. They own casinos in Atlantic City (Borgata), Biloxi (Beau Rivage), Detroit (MGM Grand), Maryland (MGM National Harbor), and Massachusetts (MGM Springfield).

Where MGM looks to really gain the most growth is their Macau properties. They own Grand Macau and will soon open Casino Cotai.

As covered before, the Macau casino market is on the upswing. And this means that MGM could earn some major profits in the coming years.

MGM is also under consideration for a Japanese casino license, which would be very lucrative. Slots games uk.

3. Amaya Inc.

The online gaming company Amaya made waves in 2014 when they purchased PokerStars for $4.9 billion.

The Canadian business didn’t immediately capitalize on their investment because online poker’s popularity has been steadily decreasing over the years.

It also didn’t help that former CEO David Baazov stepped down after he was indicted on insider trading allegations.

Amaya weathered the storm, though, and have been diversifying their assets over the past few years.

The company is focused on building their casino and sportsbook products while keeping internet poker steady. The plan is working too because their casino and sportsbook now account for over 25% of their revenue.

The entire reason why Amaya purchased PokerStars for such an outrageous price is that they saw value in the customer base. The company’s number of registered users has grown to over 108 million.

It appears that Amaya’s strategy of offering more than just poker is paying off. And they’re also in the midst of changing their image too.

The company will soon change its name to the Stars Group and move their headquarters from Montreal to Toronto. This should help in distancing them from Baazov’s insider trading scandal.

4. Wynn Resorts

Wynn Resorts has done a fine job of creating a luxury casino resort brand that spans from Las Vegas to Macau.

But Wynn has also struggled too because of their Macau properties. They own the Wynn Macau Resort, Wynn Palace, and Encore at Wynn Palace – none of which were immune to the Macau recession.

But like the Sands Corp. and MGM, Wynn should rebound nicely along with the Asian gaming destination’s economy.

Another move that will help the company experience more growth is their upcoming property in Massachusetts. Wynn is currently building Wynn Boston Harbor just outside downtown Boston.

The $2.4 billion venue will feature 629 hotel rooms, restaurants, retail outlets, convention space, and a spa.

Wynn hasn’t forgotten about their Las Vegas roots either.

CEO Steve Wynn announced that he’s overhauling the Wynn Las Vegas by 2020. The renovations will include more nongambling activities along with a clear water lagoon.

5. Net Entertainment (a.k.a. NetEnt)

Net Entertainment has been running internet casinos and supplying online software since the mid-1990s.

This makes them one of the oldest companies in online gaming. And they don’t show any signs of slowing down in the near future either.

NetEnt has produced a number of top online slots hits over the years. Here are some of their most popular games:

Aliens
Arabian Nights
Blood Su