ML MLCO Melco Resorts & Entertainment Limited Loading... : Bullish and Bearish Analyst Opinions

Wynn is proceeding with a $900-950M, 432-suite tower at Wynn Palace (The Enclave), citing the property's consistent 99% occupancy in Macau, indicating incremental room supply is justified by existing demand, not speculative. This signals strong high-end tourism demand in Macau and a potential shift in its competitive landscape. — This significant investment in Macau capacity by a major operator at the premium end suggests a bullish long-term view on the market's premium demand, potentially altering competitive dynamics for other concessionaires.