Macao's Shocking Wynn Problem You Never Knew

Wynn is losing market share in Macao, the biggest gaming market in the world. Competition is heating up in the gambling market, and it's taking a toll on Wynn Resorts (WYNN -1.27%) stock. Shares fell earlier this week after the company said it had disappointing results in Macao and is spending heavily on uncertain resort expansions around the world. Travis Houm covers what you need to know in this video. *Stock prices used were end-of-day prices of Nov. 5, 2024. The video was published on Nov. 5, 2024. ...