I live in Vegas and work on the strip. The Wynn is pretty much the best casino to me in terms of luxury status, location, aesthetic, as well as brand. I generally see a lot of high roller VIPs frequent the Wynn, Caesars, and MGM specifically Aria. I own some VICI but not any individual casino stock.
I do frequently notice the Wynn as a stock that many people tend to add to their portfolio, whether they have been to Vegas or not.
I’m not a professional by any means and don’t read too much into the fact sheets. I’m just curious why the stock has dipped so much in recent times and I personally plan to pick up a few shares and will continue to do so in the coming weeks if it keeps dropping. Let me know what you guys think about the stock at its current price!