Wynn Resorts - Casino Operator Benefits from Gambling Boom in the Far East!
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Business Driver: Wynn Resorts (WYN) is currently benefiting from the gambling boom in the gaming paradise of Macau, particularly thanks to large casino resorts like Wynn Macau and Wynn Palace Cotai. In the medium term, Wynn Resorts also plans to expand into other regions such as the United Arab Emirates, with the Wynn Al Marjan Island set to open in the UAE in 2027. On November 25, Morgan Stanley confirmed its rating as "Overweight" and raised the price target from $130 to $132.
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