Casino Gaming Leaders See Stock Market Rebound As Online Operators Lag Behind

  • 📰 Covers
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

While many casino and hotel operators saw gains Tuesday, online sports betting and iGaming continue to struggle.

With global investors fearing a recession on Monday, U.S. gaming industry leaders were caught up in the drastic downturn, some seeing 52-week market lows. Casino and hotel operator Caesars Entertainment suffered a 6.7% drop in shares on Monday, one of the biggest declines in the market, but rebounded with a stock price of $34.57 per share, up 4.1% on Tuesday.

Wynn Resorts rose 3.7% to reach $76.29 on Tuesday while Penn Entertainment was up 2.9% at the market’s close. After being down 2% after Monday, Boyd Gaming rebounded 1.5%.undergoing business changes

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 341. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines