10 Best Gambling Stocks To Buy According to Hedge Funds

4. Wynn Resorts, Limited (NASDAQ:WYNN)  

Number of Hedge Fund Holders: 52  

Market Capitalization as of December 3: $10.56 Billion  

Wynn Resorts, Limited (NASDAQ:WYNN) operates luxury casinos and resorts, primarily serving high-net-worth individuals and international clients. Wynn Macau is a subsidiary of Wynn Resorts, Limited (NASDAQ:WYNN) listed on the Hong Kong exchange that manages its Macau operations. The company owns properties in Las Vegas and Macau, which are known for their upscale amenities and gaming experiences.

On October 8, Wynn Resorts, Limited (NASDAQ:WYNN) secured its first commercial gaming operator’s license in the UAE, marking a significant milestone. The company is developing a luxury resort, Wynn Al Marjan Island, in Ras Al Khaimah through a joint venture with Marjan and RAK Hospitality Holding. This venture represents Wynn Resorts, Limited’s (NASDAQ:WYNN) entry into a growing financial hub with an expanding millionaire population.

In Macau, Wynn Macau is enhancing its offerings with innovative food and beverage concepts and unique programs. A major development is its second concession-related project, a destination food hall set to open in 2025. Beyond Macau, Wynn Resorts, Limited (NASDAQ:WYNN) is also exploring opportunities in major cities such as New York and Bangkok.