Red Rock

40.49

+0.15000.37%

Post-market: 40.490.00000.00%16:20 EDT

Volume:597.74K

Turnover:24.13M

Market Cap:2.41B

PE:15.99

High:40.94

Open:40.17

Low:39.33

Close:40.34

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News

Winners And Losers Of Q4: Wynn Resorts (NASDAQ:WYNN) Vs The Rest Of The Casino Operator Stocks

StockStory

·

10 Apr

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These companies can also enjoy healthy margins and profits. Have you ever heard the phrase ‘the house always wins’?Regulation cuts both ways, however, and casinos may face stroke-of-the-pen risk that suddenly limits what they can or can't do and where they can do it. Furthermore, digitization is changing the game, pun intended. Whether it’s online poker or sports betting on your smartphone, innovation is forcing these players to adapt to changing consumer preferences, such as being able to wager anywhere on demand.The 9 casino operator stocks we track reported a mixed Q4. As a group, revenues beat analysts’ consensus estimates by 0.9%.Amidst this news, share prices of the companies have had a rough stretch. 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