Las Vegas Sands Crushing Wynn in Macau
Aug 1st 2013 4:41PM
Updated Aug 1st 2013 4:46PM
Las Vegas Sands has a huge presence on Cotai in Macau, and that's helped drive the company's revenue higher, while competitor Wynn Resorts trudges along with a resort on the Macau Peninsula. The difference between the two companies is that Las Vegas Sands trades at a premium to Wynn, and with a new resort under construction, Wynn may be able to double revenue in 2016. There's no bad pick here, but gaming analyst Travis Hoium covers how Las Vegas Sands will win short term, but the better long-term investment may be Wynn Resorts.
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The article Las Vegas Sands Crushing Wynn in Macau originally appeared on Fool.com.Fool contributor Travis Hoium manages an account that owns shares of Wynn Resorts, Limited. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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