Is Wynn Stock Now Ready To Roll?

Is Wynn Stock Now Ready To Roll?

The shares of Boyd Gaming (NYSE: BYD) have more than doubled in value since February 2020 – primarily propelled by the sports betting and iGaming frenzy in the U. S. While Boyd offers slot and table games at its properties, Wynn Resorts (NASDAQ: WYNN) is a prominent integrated resort operator with properties in Macau, Las Vegas, and Boston. Despite Wynn Resorts WYNN ' foray into the sports betting and online gaming market, odds have not been in favor of the stock due to continued weakness in Macau's gaming industry. Boyd Gaming's BYD 5% equity stake in FanDuel has been the key to the uptick in BYD stock but, WynnBET has not brought much cheer amongst investors. However, Trefis believes that Wynn Resorts is now a better pick over Boyd Gaming stock due to comparable growth and profitability metrics. Our interactive dashboard analysis on Wynn Resorts vs. Boyd Gaming: With Return Forecast Of 147%, Wynn Resorts Is A Better Bet compares a slew of factors such as historical revenue growth, returns, and valuation multiple. Before the pandemic, Wynn Resorts and Boyd Gaming's growth had been almost similar, with Wynn Resorts' revenues growing at an average annual rate of 15% from $4.