Casino stock Wynn Resorts Inc (NASDAQ:WYNN) is trading 1.9% lower at $88.83 at last check, starting off June on a sour note. The shares are eyeing their fourth-straight loss, extending a pullback from their May 15 five-month highs, and testing support at the $90 level today. Plus, if past is precedent, WYNN could be due for even more losses. Schaeffer's Senior Quantitative Analyst Rocky White compiled a list of the 25 worst S&P 500 Index (SPX) stocks to own in June, going back a decade, and Wynn Resorts sto ...

Financial Data and Key Metrics Changes - The company has experienced a volatile stock price, fluctuating between $32 and $42, reflecting broader market concerns rather than specific internal issues [2][3] - Post-COVID recovery in visitation levels in Macao has been noted, but spending per visitor has not rebounded to pre-COVID levels, indicating a decoupling of visitation and spending [15][19] Business Line Data and Key Metrics Changes - In Macao, visitation has recovered, but the spending per visitor has decreased, leading to a flat market performance [16][19] - The company remains the largest investor in Macao, continuously investing in renovations and improvements, although returns have not met expectations [32][34] Market Data and Key Metrics Changes - The overall gaming market in Macao has shown signs of recovery, with positive outcomes expected from recent holiday travel, but the market remains inconsistent [22][24] - Singapore's market is performing strongly, with expectations of continued growth in EBITDA, driven by high-end luxury customers [58][60] Company Strategy and Development Direction - The company is focused on long-term investments in quality and scale, believing that great buildings will drive returns despite current market challenges [32][34] - There is a recognition that the competitive landscape in Macao has shifted towards more aggressive incentive-driven strategies, which the company needs to adapt to [90][92] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term potential of the Chinese and Macao markets, despite current challenges [5][24] - Concerns about the US-China relationship and its impact on consumer confidence were highlighted as significant factors affecting business performance [50][53] Other Important Information - The company is investing in smart tables to enhance gaming experiences and improve operational efficiency, which is expected to revolutionize the gaming industry [112][116] - The company is exploring opportunities in Thailand, citing favorable operating conditions if legislation aligns [130] Q&A Session Summary Question: What are the current challenges in Macao? - Management noted that while visitation has recovered, spending has not, and the market is more challenging than pre-COVID due to various factors including consumer sentiment and competition [16][19][24] Question: How is Singapore performing compared to Macao? - Singapore is performing exceptionally well, with high EBITDA and a strong luxury market presence, contrasting with the struggles faced in Macao [58][60] Question: What is the company's strategy regarding online gaming? - The company has found online gaming to be complicated and competitive, with no clear path to a significant online presence at this time [110][111] Question: What innovations are being implemented in gaming? - The introduction of smart tables is expected to enhance security and customer data acquisition, improving the overall gaming experience [112][116] Question: What are the future growth opportunities? - Management indicated limited growth opportunities in existing markets, with a focus on capital allocation towards upgrading properties and exploring potential in Thailand [130][131]

Belize City, May 29, 2025 (GLOBE NEWSWIRE) -- Roby Casino has been named the best PayPal casino in Australia, showcasing its commitment to superior service and player satisfaction. With a trusted reputation and seamless PayPal integration, Roby Casino delivers a secure and efficient gaming experience. JOIN ROBY CASINO Known for its generous bonus structure, which includes a 250% match up to $3,750, 250 free spins, and an exciting Bonus Crab feature, Roby Casino provides both new and loyal players a rewardi ...

Core Viewpoint - Century Casinos, Inc. has entered a long-term agreement with BetMGM to introduce BetMGM's sports betting platform in Missouri, enhancing its market presence and revenue potential [1][2][3]. Group 1: Agreement Details - BetMGM will operate an online and mobile sports betting application under Century's license in Missouri, including a percentage of net gaming revenue payable to Century with a guaranteed minimum [2]. - The agreement also allows for retail sportsbook options to be exercised at Century's discretion [2]. Group 2: Company Statements - Century Casinos' Co-CEOs expressed excitement about the partnership with BetMGM, highlighting it as a step forward in leveraging their Missouri licenses and providing premium entertainment experiences [3]. - The agreement is contingent upon obtaining all necessary gaming licenses and regulatory approvals [3]. Group 3: Company Overview - Century Casinos operates various casino entertainment properties across the United States, Canada, and Poland, with a focus on expanding its portfolio [5]. - The company trades on The Nasdaq Capital Market under the symbol CNTY [6].

REIT Performance Overview - The REIT sector experienced a significant decline in April 2025, with an average total return of -6.45%, underperforming the broader market indices such as the Dow Jones Industrial Average (-3.1%), S&P 500 (-0.7%), and NASDAQ (+0.9%) [1] - Year-to-date, the average total return for REITs stands at -9.10%, which is worse than the -7.65% return for the same period in 2024 [12] Performance by Market Capitalization - Microcap REITs underperformed larger peers for the sixth consecutive month, with returns of -8.87% [3] - Large-cap REITs (-2.93%) outperformed mid-caps (-5.45%) and small caps (-8.69%) in April, with large-cap REITs outperforming small caps by 1081 basis points in the first four months of 2025 [3] Property Type Performance - Only 11.11% of REIT property types averaged a positive total return in April, with a 20.17% spread between the best (Data Centers +7.28%) and worst-performing property types (Timber -12.90%) [5][6] - Year-to-date, Office REITs (-24.06%) and Hotel REITs (-22.90%) significantly underperformed, while Health Care (+7.23%), Infrastructure (+6.88%), and Casinos (+6.00%) were the only property types with positive returns [7] Price/FFO Multiples - The average P/FFO for the REIT sector decreased from 13.9x to 13.4x in April, with 83.3% of property types experiencing multiple contraction [8] - Data Centers (26.9x), Multifamily (24.6x), and Infrastructure (18.7x) currently trade at the highest average multiples among REIT property types, while Hotels (5.9x) and Offices (8.2x) have the lowest [9] Individual REIT Performance - Digital Realty Trust (DLR) achieved a strong gain of +12.04% in April, despite a year-to-date return of -8.72% [11] - Wheeler REIT (WHLR) was the worst-performing REIT in April, with a staggering decline of -63.61% for the month and -98.29% year-to-date [11] Dividend Yield Insights - The high dividend yields of the REIT sector are a primary reason for investment, with many REITs trading below their NAV, resulting in attractive yields [15]

Core Viewpoint - Las Vegas Sands (LVS) shares have increased by approximately 9.5% since the last earnings report, outperforming the S&P 500, but there are concerns about whether this positive trend will continue leading up to the next earnings release [1] Estimates Movement - Estimates for Las Vegas Sands have trended downward over the past month, with the consensus estimate shifting down by 11.02% [2] VGM Scores - Las Vegas Sands currently holds a Growth Score of B, a Momentum Score of C, and a Value Score of B, placing it in the top 40% for the value investment strategy, resulting in an aggregate VGM Score of B [3] Outlook - The downward trend in estimates suggests a negative outlook for Las Vegas Sands, reflected in its Zacks Rank of 4 (Sell), indicating expectations of below-average returns in the coming months [4]

Group 1 - The article expresses a bullish outlook on Las Vegas Sands Corp. (NYSE: LVS) with a buy recommendation, highlighting its presence in high growth markets such as Macao and Singapore [1] - The financial performance of Las Vegas Sands is described as impressive, indicating a bright future for the company [1] Group 2 - The author has extensive experience in evaluating market trends and analyzing investment opportunities, which adds credibility to the analysis provided [1]

New York, May 19, 2025 (GLOBE NEWSWIRE) -- In a definitive ranking of the best PayPal casinos 2025, High 5 Casino has emerged as the leading platform, setting a new standard for digital gaming experiences. The announcement comes after extensive industry evaluations and user feedback analyses that saw High 5 Casino outperform other contestants in the industry. CLICK HERE TO JOIN THE BEST PAYPAL CASINO: HIGH 5 CASINO “Being recognized as the best PayPal casino of 2025 is a tremendous honor for everyone at Hi ...

Core Viewpoint - Wynn Resorts has decided to withdraw its bid for a casino license in New York, citing better uses for its capital and acknowledging persistent opposition in the rezoning process [1] Group 1: Company Actions - Wynn Resorts has surrendered to the inevitability of "years of persistent opposition" in the New York casino licensing process [1] - The company plans to redirect its capital towards stock buybacks and ongoing developments, including a casino resort in the UAE [6] - Las Vegas Sands has also abandoned its pursuit of a New York gaming license, citing competition from potential iGaming legalization [2] Group 2: Industry Context - The casino licensing process in New York is perceived as highly politicized and expensive, with delays affecting potential operators [4] - MGM Resorts and Resorts World are seen as frontrunners for two of the three licenses due to their existing gaming operations [4] - Other companies, such as Hard Rock International and Caesars, are actively pursuing casino developments in New York [5]

Core Viewpoint - The Wynn Resort-Related Companies partnership has withdrawn its proposal to build a $12 billion casino complex in Hudson Yards due to significant community opposition [1][2]. Group 1: Withdrawal Reasons - The decision to withdraw was influenced by "persistent opposition" from the community, leading the company to prioritize investments that are more beneficial to shareholders, such as existing developments and stock buybacks [2]. - The company expressed that the rezoning process indicated that investing in the casino would face years of opposition, despite the potential to employ 5,000 New Yorkers [2]. Group 2: Community and Legislative Opposition - The proposal faced opposition from local groups, including Friends of the High Line and Community Board 4, as well as state legislators representing the West Side of Manhattan [3][4]. - Assemblywoman Deborah Glick and Assemblyman Tony Simone publicly opposed the casino project, citing concerns about its proximity to the High Line and expressing philosophical objections [5][6]. Group 3: Future of Casino Licenses - The New York State Gaming Commission is expected to award up to three casino licenses in the New York City area by the end of the year, indicating ongoing developments in the local gaming industry [5].