{"id":7315,"date":"2011-01-20T02:01:11","date_gmt":"2011-01-20T02:01:11","guid":{"rendered":""},"modified":"2011-01-19T22:01:36","modified_gmt":"2011-01-19T22:01:36","slug":"Wynn-Resorts-Still-Worth-A-Spin-Of-The-Wheel","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=7315","title":{"rendered":"Wynn Resorts Still Worth A Spin Of The Wheel"},"content":{"rendered":"<p><strong>Wynn Resorts Ltd. (WYNN &#8211; Analyst Report) continues to gain in the stronger global economy, recently hitting a new multi-year high at $117.50 as its new Casino in Macau produces big returns. With a bullish next-year EPS growth estimate and a high industry rank, this Zacks #1 rank stock is no dice roll on momentum.  Along with stocks like Las Vegas Sands and MGM Resorts, Wynn has been a monster stock since bottoming off of lows two years ago.<\/p>\n<p><iframe title=\"YouTube video player\" class=\"youtube-player\" type=\"text\/html\" width=\"500\" height=\"390\" src=\"http:\/\/www.youtube.com\/embed\/opi6nra7ETg\" frameborder=\"0\" allowFullScreen><\/iframe><\/p>\n<p><strong>With its subsidiaries, Wynn Resorts develops, owns and operates casino resorts in Las Vegas and China.<\/strong> The company was founded in 2002 and has a market cap of $14 billion. We got an update on Wynn\u2019s business on Nov. 2 when the company reported strong Q3 results in which CEO Steve Wynn said he potentially sees a bottom in Vegas.<\/p>\n<p><iframe title=\"YouTube video player\" class=\"youtube-player\" type=\"text\/html\" width=\"480\" height=\"390\" src=\"http:\/\/www.youtube.com\/embed\/fWacc6L9NoU\" frameborder=\"0\" allowFullScreen><\/iframe><\/p>\n<p><strong>The primary driver of the strong quarter was the company\u2019s Macau resort, its new gaming facility in China that saw revenue increase 54% from last year to $671 million. Non-gaming revenue was also strong, up 66% to $77.5 million as retail and restaurant revenue surged.<\/p>\n<p><a href=\"http:\/\/blogs.forbes.com\/zacks\/2011\/01\/05\/wynn-resorts-still-worth-a-spin-of-the-wheel\/\" title=\"SOURCE\">SOURCE<\/a><br \/>\n<!--break--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wynn Resorts Ltd. (WYNN &#8211; Analyst Report) continues to gain in the stronger global economy, recently hitting a new multi-year<\/p>\n","protected":false},"author":1213,"featured_media":72448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[],"tags":[],"class_list":["post-7315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg","medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","medium_large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","1536x1536":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","2048x2048":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-highlighted-post":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-featured-post-medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-featured-post-small":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x90.jpg","colormag-featured-image":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-default-news":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg","colormag-featured-image-large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-block-extra-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-small-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-medium-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg"},"magazineBlocksPostAuthor":{"name":"Joshua","avatar":"https:\/\/secure.gravatar.com\/avatar\/62ee23f8f40307578d1f284ecd823d77f32da8ea35541e7dbdafeb5da1a4e877?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"3","magazineBlocksPostExcerpt":"Wynn Resorts Ltd. (WYNN &#8211; Analyst Report) continues to gain in the stronger global economy, recently hitting a new multi-year","magazineBlocksPostCategories":[],"magazineBlocksPostViewCount":185,"magazineBlocksPostReadTime":1,"magazine_blocks_featured_image_url":{"full":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg",113,170,false],"medium":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg",113,170,false],"thumbnail":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg",113,150,true]},"magazine_blocks_author":{"display_name":"Joshua","author_link":"https:\/\/asiancemagazine.com\/?author=1213"},"magazine_blocks_comment":3,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/62ee23f8f40307578d1f284ecd823d77f32da8ea35541e7dbdafeb5da1a4e877?s=96&d=mm&r=g","magazine_blocks_category":"","_links":{"self":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/7315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/users\/1213"}],"replies":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7315"}],"version-history":[{"count":0,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/7315\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/media\/72448"}],"wp:attachment":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}