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Casino Stocks Are Rising On Macau Revenue Numbers

Several casino stocks are rising in early trade Wednesday, on the news that casino revenue in Macau climbed 13.5 percent last year to a record $38 billion.

Wynn Resorts (WYNN) gapped up sharply this morning and is currently higher by 6.30 at $118.79 in early trade. The stock has risen to a 2-month high.

MGM Resorts International (MGM) gapped open higher Wednesday and has continued to rise in early trade. Shares are now up 0.58 at $12.22. The stock broken out to an 8-month high.

Las Vegas Sands (LVS) gapped up Wednesday and spiked higher in early trade. The stock is now up 3.47 at $49.63 and has set a 7-month high.

by RTTNews Staff Writer

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