Gaming Growth Stocks You Shouldn't Be Betting Big On
The Macao casino market recovery continues to falter, as gaming revenue for September rose only 32% over the month before, which had been the lowest amount generated all year long.
With the neighboring Guangdong Province reimposing travel restrictions on visitors to Macao after a flareup of new COVID-19 cases, the ability of integrated resort operators such as Las Vegas Sands (NYSE: LVS), Wynn Resorts (NASDAQ: WYNN), and Melco Resorts & Entertainment (NASDAQ: MLCO) to resume their growth trajectory will be severely impaired.
Image source: Getty Images.
Source Fool.com
