Good call Max. I was in LV a few weeks ago and the Wynn was insane. Then again, all casinos up and down The Strip were packed. At night, you could hardly walk along LV Blvd. there was so many people. Perhaps with the soft economy, Americans are staying home rather than traveling abroad. Casino winnings on The Strip in June were up 32 percent over last year: http://www.vegasinc.com/news/2011/aug/10/june-casino-winnings-16-percent-over-last-year/
Casino stocks with exposure to Macau extended their declines Friday amid continued concerns over slower growth in China and a looming typhoon in the area. Wynn Resorts Ltd. (WYNN, $115.08, -$10.46, -8.33%) and Las Vegas Sands Corp. (LVS, $38.34, -$2.99, -7.23%) both traded lower.