I'm very much attracted to the casino operators that hold licenses in Macau (CHINA) because this insulates them to some extent from competition, at least for the foreseeable future. That's why I'm writing a short series on these stocks, which started with my earlier article on Las Vegas Sands (LVS).

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1. One of Six Licenses to Operate in Macau

Wynn Resorts is one of the six companies that have a license to operate Casino's in Macau. These are: Wynn Macau Ltd (WYNMY.PK), Sands China Ltd, Galaxy Entertainment Group Ltd (GXYEY.PK), SJM Holdings Ltd, MGM China Holdings Ltd (MGM) and Melco Crown Entertainment Ltd (MPEL). Macau has the highest population density in the world. The

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With this episode in mind, I screened for stocks which have seen recent intensive insider selling. Intensive insider selling can be defined by the following three criteria:

1. The stock was sold by three or more insiders within one month.
2. The stock was not purchased by any insiders in the month of intensive selling.
3. At least two sellers decreased their holdings by more than 10%.

In this article, I will feature three stocks that met these three criteria of intensive insider selling in the last 30 days.

1. Wynn Resorts (WYNN) engages in the development, ownership, and operation of destination casino resorts.

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December 2018 bond price data from FINRA

A recap of the short case

Discussed briefly below are three S&P 500 stocks that have more than 3% yields with insider ownership of more than 10%.

Kinder Morgan (KMI) according to its website, is the largest midstream and the third-largest energy company (based on combined enterprise value) in North America. Highlights of the company include:

• High Insider Ownership - KMI has insider ownership of 26.42%.
• Stability - KMI is a blue-chip, large-cap company with solid growth visibility and stable cash flows. The company's stability is supported primarily by fee-based cash flows from diversified energy infrastructure

Casino Operations Drive Growth

After underperforming in the recent quarters, Wynn’s Macau casino operations saw an improvement in Q1 2013. The weak performance in the previous quarters was driven by the macro factors such as a slowing economy and political uncertainties in China. However, there are signs of improvement as

CEO Interview: Patrick Doyle, Domino's Pizza (DPZ)

Domino's Pizza (DPZ) has been on a tear the last 3 years with no signs of stopping; "This may be the best international growth story in the entire restaurant space," said Cramer. The company has been expanding locations, but can grow even more before coming close to saturation in most areas. CEO Patrick Doyle notes that there are 225 Domino's stores in France, and the number can realistically be quadrupled. DPZ beat earnings by 4 cents on revenues that rose 8.6% and it reported a 6.6% rise in same store sales. The stock has risen 480% since Cramer got behind it in 2010 and 18% since the CEO appeared on Mad Money in February.

Doyle discussed the fact that 90% of the franchises are owned

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Steve Wynn's Ex-Wife

One reason why I am cautious about WYNN is the possibility that Steve Wynn, the company's founder, CEO, and chairman, may lose control over the company. Steve Wynn risks losing control over WYNN if his ex-wife, Elaine Wynn, is given approval to sell her 9.6% stake in the company. Under current agreements, Steve Wynn controls the voting rights on Elaine's shares. If Elaine is granted the right to sell her shares, then Steve Wynn could lose control over the company he founded. Of course, it is too early to predict how this situation may unfold. However, if Steve Wynn loses control over the company, I would expect a major decline to ensue. Simply

Las

Q1 2013 Earnings Call

April 25, 2013 4:30 pm ET

Executives

Matthew O. Maddox - Chief Financial Officer, Principal Accounting Officer and Treasurer

Stephen A. Wynn - Founder, Chairman, Chief Executive Officer, Member of Executive Committee, Chairman of Wynn Macau Limited, Chief Executive Officer of Wynn Macau Limited and President of Wynn Macau Limited

Ian Michael Coughlan - President of Wynn Macau

Marc D. Schorr - Chief Operating Officer, Member of Executive Committee and Member of Gaming Compliance Committee

Maurice Wooden - Principal Executive Officer and President

Gamal Aziz

Analysts

Carlo Santarelli - Deutsche Bank AG, Research Division

Shaun C. Kelley - BofA Merrill Lynch, Research Division

Joseph Greff - JP Morgan Chase & Co, Research Division

Felicia R. Hendrix - Barclays Capital, Research Division

Steven E. Kent - Goldman Sachs Group Inc., Research Division

Thomas Frank Marsico - Marsico Capital Management, LLC

Thomas Allen - Morgan

Wells Fargo expects above-consensus 2013 Macau gaming revenue (with growth of 16 percent compared to last year). Analyst Cameron McKnight said,

Month-to-date ADR (including Slots) of 964MM MOP is up 16% yr/yr and flat from the prior week. We believe concerns over avian influenza and recent soft economic data are overdone, and remain buyers of Macau stocks Melco Crown Entertainment Limited, Wynn Resorts Ltd. and Las Vegas Sands Corp.

Las Vegas Sands Corp.

Las Vegas Sands Corp. develops integrated resorts worldwide and derives about 85% of

While some of the stocks in the sector have missed out on these opportunities and have had share prices flounder, others have taken advantage of the rebound and begun rewarding shareholders with increasing dividend payouts. In this article I will focus on those companies in the gaming sector that pay regular dividends and try to determine if they are worthy as a long term dividend growth investment. The four companies currently paying regular dividends are Ameristar Casinos (ASCA), Churchill Downs Inc. (CHDN), Las Vegas Sands Corp. (LVS) and Wynn Resorts Ltd. (WYNN).

Company Backgrounds

Ameristar

Investor Glossary, an online investor tutorial site, recently offered this brief description of dividend dog methodology: "...[I]nvented to find the 10 stocks of the 30-stock Dow Jones Industrial Average with the highest yield (dividend / price) and invest equally in each, [t]he Dow dividend theory also requires that you repeat this process once a year.

Below, the Arnold NASDAQ 100 Index top dog selections for April were disclosed.

Dog Metrics

CEO Interview: Allen Wilson, McCormick (MKC)

Cramer has long been a fan of McCormick (MKC), a steady growth stock which, since it tends to decline after its quarterly report, provides investors with buying opportunities following earnings, only to march higher almost every time. The 1.9% yield is "deceptively low," since the stock price keeps rising, and Cramer would use pullbacks to get into this steady grower, which is usually immune to macro economic shocks. Those who bought MKC 5 years ago have seen a 113% gain, and in the last 20 years, the stock has performed twice as well as the S&P 500; "That is the most important thing you need to know about MKC," said Cramer.

CEO Allen Wilson discussed how management maintains strong performance by "weeding and feeding the categories." The

Now, when an analyst makes a statement like that about what appears to be a hideously complex random system, a few supporting paragraphs with a table or two here and few hyperlinks there won't cut it. You've got to throw the kitchen sink at it.

I've spent the past three months analyzing dozens of earnings reports, backtesting 30+ years of raw stock returns, and poring over hundreds of different theses

The process for me began in the beginning of 2012 when my employer decided to switch from a full service broker account to an individually managed online broker. Prior to the switch I had periodically purchased mutual funds over the last six years and, with the help of a company match on investments, slowly built up the balance of the account.

When the switch was made to an online brokerage, the positions held in mutual funds were transferred over to the new account and I continued with those same

The U.S. stock market is reaching new record highs, and its outlook for this year is optimistic. A large number of analysts, financiers, and economists, including David Tepper of Appaloosa Management and Jeremy Siegel, a professor at Wharton School of Business known as the "Wizard of Wharton," are forecasting market gains of up to 20% this year. While a 20% gain for the year based on passive index investing in the broad market would be excellent, and even better would be a possibility to outperform the market. One strategy that tries to achieve that goal during the bull runs is high-beta investing.

Over the past four years of the market's uninterrupted rally, high-beta investing outperformed the S&P 500 in three out of four years - with a substantial margin, based on the performance of the S&P 500 High Beta Index. The strategy is based on picking

Guangshen Railway Analysis

Guangshen Railway (GSH) is the only major Chinese railway stock on the New York stock exchange. It has a Price-to-Book ratio of only 0.72,

Although casino businesses should do well in the future, stock prices -- WYNN, in particular -- may encounter some near-term selling. The two-year chart reveals several strong resistance zones at $125 and above.

With the shares near $125, I'd expect WYNN to slow down as they meet $125 lateral resistance (blue line). The shares have climbed 50% from an August low, and investors may feel extra pressure to cash in. It's also concerning that WYNN topped in

The gaming market is currently shifting to online at a steady pace throughout the world. Although legislature has been opposed to gambling in general throughout history, there is significant tax revenue that will ultimately be generated. That tax revenue will climb to several billion dollars, considering the international online gaming revenue is currently over 30 billion dollars and is in its infant stages.

"If all 50 states were to follow Nevada's example, that the

According to Sterne Agee analyst David Bain, Macau continues to outperform, and the analyst is positive for gaming companies that operate there, including: Melco Crown Entertainment Limited, Las Vegas Sands, MGM Resorts International (MGM) and Wynn Resorts Ltd. (WYNN). Bain said,

"According to our checks, Macau table-only gross gaming revenue ("GGR") is MOP17.6b through March 17. Including slots, the GGR run-rate for March is MOP33.3b or +~32% YoY. We are raising our March YoY estimate to +20% YoY (MOP30.0b) from +14%, and note our March estimate is ~6% higher than Macau's all-time monthly record set in December of last year."

Further, the