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Top 3 Macau Stocks for Long-term Investment

The new year is anticipated to bring good fortune for most of the industries which have struggled throughout 2020. Let’s see the potential of Macau stocks.

When the COVID-19 pandemic began, it wasn’t expected that it will have an impact far beyond from living style to industrial operations. The pandemic has shuffled the economic system of the entire world. The increasing health risk has slowed down almost every single industry.


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‎Industries such as restaurants, theaters, cinemas, casinos, and many others have had a devastating period due to restrictions from the pandemic. The places where audiences gathered in large numbers have now been constricted to maintain social distancing.

However, 2021 is expected to calm things down and industries will see improvement with the discovery of the coronavirus vaccine.

In October 2020, Macau’s gambling revenue rocketed over 200% from the prior month to $910.8 million. The revenue generated in October was the best since January. Things were anticipated to get better following that but the released outcomes for November weren’t that convincing. Gambling revenue totaled around $845.6 which was lower than a month ago.

With the initiation of vaccine dosage in the U.S., things are expected to get better for Macau stocks going forward. Signs of recovery are there; it just needs a solid push with restrictions going off. Though the recovery will be slow and steady for Macau, the long-term prospect seems good.

Here are the three potential long-term investments for investors in Macau stocks.

Las Vegas Sands (LVS)

Las Vegas Sands (LVS) is one of the biggest fishes in the Macau market. LVS stock has had the most volatile year in its entire history. The company’s operations in Macao were shut down in February, and the following month in Las Vegas.

Despite facing harsh times, the shares of Las Vegas Sands fell only 17.8% so far this year.

Las Vegas Sands is a leading developer and operator of integrated resorts across the U.S. and in Asia. Heading forward, the company plans to open integrated resorts in Yokohama and Tokyo. If the company invests in Japan it will highly increase the growth prospect for LVS stock.

Moreover, the company will soon restore its typical high dividend yield after the pandemic slows down. It is expected that LVS will restore the dividend yield in the second half of 2021. Also, the company continues to work on the expansion and up gradation of its Macau properties.

Las Vegas Sands (LVS) has a market cap of $43.17 billion and is the leading firm in the gambling market. LVS stock is for sure a long-term investment for investors.

Wynn Resorts (WYNN)

Another Macau stock that has promising long-term potential is Wynn Resorts (WYNN).The company owns Wynn Macau, the Wynn Palace in Macau, Encore, and Wynn Las Vegas. Just like the entire sector, Wynn is suffering from the pandemic impact.

The revenue dropped by 78% to $370.5 million year-over-year for Q3 2020. While the losses per share increased to $7.04 from the prior quarter’s $6.14.

During the third quarter, almost all the properties of the company were open for the most period, yet the results were not encouraging due to restrictions.

However, looking onto the brighter side, the vaccine new has created a positive room for the stock market. The company itself has made major development in the design of Crystal Pavilion in Macau, attracting more tourists in the future.

Moreover, the Encore Boston Harbor that was opened in mid-2019 has shown good performance and has promising prospects going forward. The gambling firm is also planning to step forward and open a casino in Japan.

The potential long-term growth is there if the pandemic slows down by the mid of next year.

Melco Resorts (MLCO)

Melco Resorts (MLCO) operates its casino resort facilities for both gaming and entertainment in Asia. Mainly, the gaming activity of Melco Resorts is based in Macau. Some interesting facts make MLCO stock a considerable investment for the long-term.

In the last year, the company reported +11% revenue growth and +15% EPS. The financial performance of Melco was driven by the mass market table gaming activities. As things have turned around following the pandemic, Melco’s revenue dropped by 85% in the third quarter of 2020.

For the long-term prospect, Melco will improve its gaming activity at Morpheus Resort that was opened in 2018. While Cotai is also expected to record more visitors in the coming years following the enhancements in mass transportation.

Moreover, the company is also making expansions in its City of Dreams in Macau. Melco Resorts is also working on City of Dreams Mediterranean, which will be the biggest integrated resort in Europe. So, there’s a lot in the tank for Melco Resorts in the long-term.

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However, investors must keep an eye on the pandemic scenario and how things shape up in the first two quarters of 2021.

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