Following a challenging 2024 with a 5% decline, Wynn Resorts (NASDAQ: WYNN) is emerging as a promising casino stock for 2025, according to Wall Street analysts.

Stifel analyst Steven Wieczynski named Wynn as the top large-cap casino pick for 2025, setting a price target of $123 - a potential 46% upside. Despite disappointing performance in 2024, Macau's increasing gross gaming revenue (GGR) suggests casino stocks in the region are currently undervalued.

Analysts project Macau's GGR growth between 4% to 10% for 2025, though still below pre-pandemic levels. The potential for additional Chinese monetary stimulus could provide further upside.

Key Factors Supporting Wynn's 2025 Outlook:

• Premium brand reputation attracting affluent clients less affected by economic fluctuations
• Strong positioning in both Macau and Las Vegas markets
• Expected improvement in Las Vegas performance in late 2025
• Substantial prime Strip real estate for future development
• Upcoming UAE project (Wynn Al Marjan Island) opening in 2027

The UAE project, particularly undervalued according to analysts, could add $10-17 to the share price. The hotel tower is scheduled for completion by end-2025, marking the first casino resort in the Arab world.

While Las Vegas operations may face challenging comparisons early in 2025, they provide stable cash flow for long-term growth opportunities. Combined with improving Macau fundamentals, these factors position Wynn for potential significant growth in 2025.

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