After over two months of unprecedented shutdowns due to the coronavirus pandemic, Las Vegas casinos have been given a green light to reopen on June 4, a move that could result in a major rebound for their beaten-down stocks.KEY FACTS
According to investment researcher Morningstar, while the coronavirus pandemic continues to “materially affect near-term travel and leisure demand,” all three major casino stocks are trading at significant discounts to fair value: Wynn , MGM and Las Vegas Sands . Caesars Entertainment, Las Vegas Sands, Boyd Gaming Corp., MGM and Wynn Resorts say they will open that day.
skleb1234 😂😂😂😂😂😂 1) everyone is scared of corona 2) no one is traveling 3) no one has money to gamble
skleb1234 Not a bad bet especially for those that are found in international markets especially Asia like LV sands cooperation and Wynn resorts.
skleb1234 Already missed huge buying opportunities. I bought some caesars (CZR)
skleb1234 No, they shouldn’t.
skleb1234 not anytime soon...maybe in 2025
skleb1234 Opening just in time to get looted and set on fire.
skleb1234 Этому можно верить?
skleb1234 Who cares?
skleb1234 Gamblers have blown all their money in the stock market casino where the house always wins.
skleb1234
skleb1234 I bet on it, probably a losing bet tho. Second wave will kill off the poor degenerates, and will scare the rich degenerates
skleb1234 I bet on it.
skleb1234
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Source: Reuters - 🏆 2. / 97 Read more »