Wynn Resorts Leads Casino Stocks Up Industry Rankings

By | February 5, 2014

Scalper1 News

Gambling pays, at least for casino operators. Wynn Resorts (WYNN), Las Vegas Sands (LVS) and Hong Kong-based Melco Crown Entertainment (MPEL) are enjoying strong profit and revenue growth, thanks to strong growth in Macau, a Chinese gambling enclave. The trio are at the top of the 29-stock Leisure-Gaming/Equipment industry group, which climbed 60% in 2013, double the S&P 500’s 30% gain. On Wednesday, the group ranked 8th out of the 197 industries Scalper1 News

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