What Factors Can Drive Wynn Resorts' Stock Price?

There is room for stock price movement depending on the amplitude and the timing of any recovery in gaming volume. While the timing is uncertain, the amplitude could well be steep. We believe that, ultimately, growth in both Mainland China visitors and China's personal disposable income will spur a recovery in VIP as well as mass-market gaming in Macau, which in turn will catalyze Wynn's stock price movement. Similarly, growth in domestic hotels' average daily rate led by higher personal disposa...