- Macau casino stocks are showing strong gains after results of Wynn Resorts (WYNN +10.5%) came in better than expected.
- Popping out of the report was a solid win rate and stabilizing mass market trend in Macau. During the earnings call, Steve Wynn confirmed reports that the Chinese New Year period is off to a solid start.
- Previously: Wynn Resorts revenue read: Macau -27%, Vegas +4% (Feb. 11 2016)
- Wynn Resorts earnings call webcast
- Macau movers include Melco Crown (MPEL +5.2%), Las Vegas Sands (LVS +5.6%), and MGM Resorts (MGM +5%).