Wynn Resorts, Limited (NASDAQ:WYNN)

A lot of people have opined about Macau. And everytime I hear the word - macau.... all I hear is how big of a gambling heaven it is and how asians love to gamble and that and this ... blablabla...

I don't know about you, but most of my asian friends around me live a normal life. They rarely go to casinos. According to the preachers of Macau, it is in the blood of asians to gamble. But, I don't see my friends, friends of friends playing.... Just a personal opinion .... Way OVER RATED.

Not a big fan of casinos.

Casinos feast on easy credit may be ending.

Steve Wynn! Enough said.

http://www.fool.com/investing/general/2011/12/13/gamble-with-these-winners.aspx?source=iaasitlnk0000003

Good management and people love quality entertainment.

squak

I feel that Steve Wynn with his expertise as well as the appetite for gambling and entertainmet (along wtih LVS)...will get back to 140+...along wth Machu and a resurgance in Las Vegas..esp. if the Republicans win the next election

I could be totally off base on this -- the stock's one-star rating suggests I am. But I'm a sucker for a 10x FCF ratio, and I think Wynn's a buy.

This feverish pitch of ever record setting revenues coming from Macau will come to an end sooner rather than later. There is no way that Macau and China is going to continue their hot growth without some sort of issues. In fact, there are signs everywhere from the credit squeeze in Wenzhou to the plummeting stock market. Sooner, rather than later is this going to manifest in these wealthy high rollers who are probably living the high life on shadow banking loans.

watchlist

Las Vegas always hurts when the economy is weak.

With the good news about the casino in Macau, Wynn will likely outperform for a while.

With the amount of money I have lost at a casino it brings me pleasure to make some money with their stocks. I figure the more I lose there the better their earning and the better my stock does. Then I have more money to go and gamble with. GENIUS. -Fool

i cant belize i haven't recommended this stock but it is one of the best companies and a great way to play a global up swing. even though LVS is a tough competitor the stock has blowed threw and Steve is the best CEO for a gambling bis.

This is one of my favorite companies out there...

Heavy investment in Macau (HK) will tap into new middle class money in China. Bet to become much bigger than our own LasVagas and Wynn is well positioned to take advantage.

The partnership with Pokerstars.com is key and can help the stock tremendously

Among large-cap companies, WYNN has the highest three-year beta outside the financials and its primary competitor, LVS, making a WYNN short an ideal way to hedge the market if you are concerned about macroeconomic trends,which as with any stock is the primary determinant of PPS. PPS has oscillated between a high of 176 and a low of 14 since 2007. It certainly won't see 14 again but continued volatility with this one seems inevitable. Revenue growth in Macau has been staggeringly impressive but would seem priced into a stock with a P/E of 95 and a forward P/E of 38. Macau growth is also dependent on the vicissitudes of dealing with a dictatorship (despite Steve Wynn's gratuitous flattery) that has lately been determined to crack down on rampant casino corruption in the region. A decline in Macau tourism by the Japanese (a small percentage overall but the highest spenders) to Macau should also drag on revenues. Getting killed on this so far, but I still consider it a worthy hedge on the market.

Underperform is based on valuation.

Just like high end retail, high end gamblers will return to the Wynn.