Wynn Resorts Stock Rallies, Up Almost Ten Percent
- By Ciara Trenton
- Published 11/5/2009
- Gaming Stock News
-pic.jpg)
Wynn Resorts On Wednesday it was learned that revenue grew for Macau casino gambling larger in October than ever before. By Thursday, the US based gaming stocks with interests in Macau started to feel the effects of that Macau push.
Wynn Resorts has been having a tough month on the New York Stock Exchange, but on Thursday the stock rallied, gaining almost ten percent. Wynn stock closed the day at $59.84, up $4.57 for the day.
Wynn has been busy as of late. They held an initial public offering last month in Asia that raised $1.6 billion. The company also began being publicly traded on the Hong Kong Stock Market.
Other US companies also benefited on Thursday from the record revenue increase in Macau for October. MGM Mirage was up 4.51%, at $9.74. Las Vegas Sands also increased over four percent, finishing Thursday at $15.47.
There really were no losers at all Thursday in the gaming industry. Melco Crown stock jumped slightly, to $5.12, while Boyd Gaming had an increase of 2.93%. Boyd closed the day at $7.74. Pinnacle Entertainment was up $.42, closing at $8.88.
Get $15 Free at the Best New Online Casino!
Lion Slots Casino

