Wynn Macau Ltd (1128)

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Wynn Macau Ltd (1128) Profile

Wynn Resorts, Limited is an American publicly traded corporation based in Paradise, Nevada. The resort offers award-winning restaurants, exciting entertainment and nightlife, two award-winning spas, salons, and luxury shopping. As of 2020, the company has developed six properties. Wynn Resorts holds more Forbes Travel Guide Five-Star Awards than any other independent hotel company in the world. Rising discretionary spending and revenge tourism have been key drivers of Wynn’s casino revenues in Las Vegas and Boston. The re-imposition of stringent pandemic control measures in Macau was a near-term headwind for the stock, long-term growth in mass-market gaming, and rising tourist visitations from Chine assisted revenues and earnings. The market cap of the company is 12.02B USD.

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Wynn Macau Ltd (1128) Trading FAQ

Shares represent units of ownership within a company. Shares are also known as stocks or equities. Dividend payments are common with some companies, a method of sharing company profits with shareholders. In addition to traditional share dealing, however, traders can access derivatives: trading instruments derived from the movement of an underlying share price.

Individual stock CFDs (contract for differences) fall under the umbrella of derivative products, an effective low-cost trading vehicle. While CFDs do not grant shareholder privileges, active CFD positions may receive a dividend if executed before the ex-dividend date.

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