![]() ![]() ![]() 7 Micro-Cap Stocks to Buy That Are Shining Right Now.MGM stock generated more than 20% of its total revenue in Macau in the fourth quarter. But it still has a significant presence there. Of the three stocks, MGM has the least exposure to Macau. Wynn, MGM and Las Vegas Sands (NYSE: LVS) are among the six casino companies granted licenses to operate in Macau. I’m very bullish on China and its 1.44 billion citizens in the long term. Macau casinos alone generated $36.7 billion that year. In 2019, the last full year prior to the pandemic, the entire state of Nevada, including Vegas, Reno, Lake Tahoe and other locations, generated about $12 billion in gross gaming revenue. However, Macau is the true global gaming hub. Many Americans consider Las Vegas to be the center of the gambling world. In the fourth quarter, MGM reported $305 million in revenue from Macau, China. ![]() However, a year later, I now believe there are at least three reasons why MGM stock is the best casino stock to buy moving forward. I was very fortunate to time the market bottom in Wynn perfectly. ![]()
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