Casino Etf Stocks
With a helping hand from Macau, the world’s largest gambling hub, the VanEckVectors Gaming ETF (NYSEArca: BJK) is up more than 19% this year and some analysts see more upside coming for gaming stocks.
Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN) are dominant names in Las Vegas but the companies, two marquee holdings in BJK, are also big players in Macau, levering each to Chinese gambling trends.
Casino Etf Stocks
“Casino stocks surged Thursday after better-than-expected revenue numbers out of Macau, a special administrative region of China that’s become a gambling mecca. And some strategists say it isn’t time for investors to cash in their chips just yet,” reports CNBC. “Las Vegas Sands is now up 16 percent year to date, MGM Resorts has risen 12 percent and Wynn Resorts has climbed 54 percent. In fact, Wynn is the third-best-performing stock in the S&P 500 this year. On Thursday, Las Vegas Sands saw its biggest rise since the first day of September.”
Casino Etf Stocks List
While the narrative for Las Vegas has improved considerably, there's still a long way to go. Thus, if you want exposure to MGM Resorts, you should consider casino ETFs. The stock table includes relevant common stocks, ADRs and preferred shares, and the funds table includes relevant exchange-traded funds (ETFs) and institutional share class mutual funds. All securities have an active dividend policy and are either exchange-listed or domiciled in the United States. Casino stocks review: Las Vegas Sands (NYSE: LVS) Gets Buy Rating from Analysts The Las Vegas Sands Corporation is listed on the New York Stock Exchange. At the time of writing, the stock was trading at $52.48 per share, with a 52-week low of $47.39 and a 52-week high of $69.60 per share.
Gaming Etf
- Wynn Resorts, Limited is a company in the U.S. Stock market and it is a holding in 112 U.S.-traded ETFs. WYNN has around 7.3M shares in the U.S.
- InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Restrictions on travel and the novel coronavirus-induced market slowdown have had a crippling effect on casino stocks in the past year.