Wynn Resorts (NASDAQ: WYNN) is often overshadowed by its bigger rival Las Vegas Sands (NYSE: LVS), but Wynn's near-70% rally this year actually crushed Sands' 20% gain. Let's examine Wynn's strengths and weaknesses to see if it still has room to run.
Wynn's flagship Vegas properties -- The Mirage, Treasure Island, The Bellagio, and Wynn Las Vegas -- fueled the modern rebirth of the Vegas Strip as a tourist and family friendly destination which started in the late 1980s. After the Vegas market peaked, Wynn expanded into China with the Wynn Macau in 2006 and the Wynn Palace Cotai in 2016.
Macau, China. Source: Getty Images.
Source: Fool.com