Macau ended the year on a high note as visitors to the gaming region climbed 7% in December. Macau-exposed stocks Las Vegas Sands (LVS - Get Report) , Melco Crown Entertainment (MPEL) and Wynn Resorts (WYNN - Get Report) were all up Monday. MGM Resorts (MGM - Get Report) was the lone laggard in trading Monday.
More than 2.8 million people visited Macau in December. Overnight visits climbed 16% to more than 1.5 million people. Overall, 2016 saw a slight increase of visitors from 2015.
While more visitors came to the island, gambling revenue fell slightly. It was the third consecutive year of declines.