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The LVS and Wynn companies are unstable

The brokerage company Union Gaming Securities said that the situation in the casino Las Vegas Sands Corp and Wynn Resorts remains unstable.

The cause of the unstable situation, according to experts, was the Sino-US trade confrontation and its impact on the economy of China. It was not without a typhoon Manghut, which had a negative impact on the gross gaming profits of the operators this month.

"Las Vegas Sands has unique capabilities. The company is able to withstand any sustained slowdown or decline in Macau. If the market manages to recover, we expect Wynn Resorts shares to grow significantly, "representatives of Union Gaming said.

The brokerage company has its own price rating. To date, for Las Vegas Sands, the target is $ 88, for Wynn Resorts - $ 202.

It is expected that due to the annual growth by 2020, the Macau market will reach $ 146 billion.


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