
Wynn Resorts Wynn Resorts is one of the many casino companies who had their stock price jump on Monday. After a slow Tuesday on the market, Wynn once again rose on Wednesday, this time by 6.26%.
US casino stock has experienced a refreshing jump after a couple of months of stagnant activity. Wynn Resorts was up $2.49, closing the day at $42.26. The stock continues to be one of the most reliable casino stocks on the market.
Other casino companies also experienced a strong day Wednesday. MGM Mirage was up 5.58%, to $7.00. It was a gain of $.37. Las Vegas Sands had a jump of over five percent as well, closing the trading day at $10.25.
The idea that Macau gaming is now on the upswing has many investors buying back into the US casino companies that have facilities in Macau. Las Vegas Sands, Wynn, and MGM Mirage all have interests in Macau.
A couple of casino companies did not have the same luck as the ones who saw rises in their price. Pinnacle Entertainment dropped once again, this time falling 2.79%, to $9.40. Archon Corporation was down to $13.45, a drop of 2.18%.
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