Crown Resorts: Result 2016

Macau may be bottoming while Crown's Australian resorts continue to pump out cash.

Always good for a quote, Steve Wynn, whose Wynn Resorts owns casinos in the US and Macau, didn’t disappoint on his company’s latest earnings call. Responding to a question, he noted: ‘I tend to be a longer-range looker at these things than quarter-to-quarter’.

We couldn’t have said it better ourselves. Long-range thinking – ignoring the next quarter (or year) and instead looking three to five years ahead at a minimum – underlies all of our Buy recommendations.

Macau may be bottoming


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles