Wynn Resorts shares surged 8.6% due to Macau's 19% gaming revenue increase for June 2025

From Barchart: 2025-07-01 16:55:00

Shares of Wynn Resorts (NASDAQ:WYNN) surged 8.6% as Macau’s gaming revenue for June 2025 showed a 19% year-over-year increase, exceeding expectations. The positive report from Macau’s Gaming Inspection and Coordination Bureau has sparked a rally in casino stocks with a strong presence in the region, easing concerns over recent market struggles. Wynn, heavily reliant on its Macau operations, closed at $101.94, up 8.9% from the previous close. The market views this news as significant but not fundamentally altering the company’s perception. Wynn Resorts is up 21.6% year-to-date, trading near its 52-week high of $106.41.



Read more at Barchart: Why Are Wynn Resorts (WYNN) Shares Soaring Today