America’s gambling mecca began reopening on June 4, just over a week after Nevada Governor Steve SisolakWith over two months of unprecedented shutdowns due to coronavirus, casino operators had a rough start to 2020 with stocks like MGM Resorts, Wynn Resorts and Las Vegas Sands all down more than 20% so far this year.
Despite the hit to business from the global pandemic, casino stocks are rebounding on hopes of a faster than expected economic recovery. Stocks of all the major U.S. casino operators jumped on Thursday: Penn National Gaming soared 14%, MGM 7%, Wynn 2% and Las Vegas Sands 1%. Despite investors cheering the reopening, it won’t be business as usual just yet: Social distancing guidelines and other measures like plexiglass barriers and temperature checks will be in place, not to mention casinos can only operate at 50% capacity.Penn National Gaming, the top U.S.
last week. “You look at Las Vegas reopening its casinos… Those are the kinds of settings where I think you have more risk, where you have a lot of people crowding together,” he told CNBC.
skleb1234 They were never worried
skleb1234 🤔🤔
skleb1234 Come to Las Vegas to gamble with your life.
skleb1234 COV is not driving behavior, sociological issues are. That is why casinos are doing well right now. The quarantine is over for lower and middle class people under the age of 60.
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Shocking video shows crowded Las Vegas casino on first day of reopening - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Addiction is a helluva drug not many people wearing masks, what could go wrong Why are these shocking?
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Stocks rally into the closeToday was the first time the Dow has closed above 26,000 points since early March Thank you 🙏 Trump 🇺🇸 But why? 84 percent of all stocks owned by Americans belong to the wealthiest 10 percent of households. And that includes everyone’s stakes in pension plans, 401(k)’s and IRAs, as well as trust funds, mutual funds and college savings programs like 529 plans.
Источник: CNN - 🏆 4. / 95 Прочитайте больше »
Stocks in Europe slip ahead of ECB decisionEuropean stocks edged lower Thursday in cautious trade ahead of the latest European Central Bank decision.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »
Global Stocks Muted, Reflecting Investor UncertaintyInternational stock markets are subdued following gains in the U.S., as investors assess the pace of economic reopening Investors assess the pace of urban anarchy.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »
Two health-care stocks could be best way to ride the sector's moves back to recordsHealth-care stocks have been among the best performers since the market bottomed in March. Traders Mark Newton and Mark Tepper like these two stocks. TradingNation yet more permabullshit from you charlatans
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
Stocks fell slightly after disappointing U.S. jobless claims data—Here's what experts say about the marketStocks fell slightly Thursday on the back of disappointing U.S. jobless claims data and following a blistering start to the month on Wall Street. Here's what experts say about the market. The Nasdaq is trading at a 152x multiple of the Bloomberg Commodity Index, surpassing the highs seen during the Dot Com bubble by almost a factor of two! We are old couples from Louisiana The lottery is an unbelievable blessing to our family We have struggled with debts before the lottery and would like to give back Send a dm if you need help clearing your cc debt God bless America Big institutions were trapped in March when COVID-19 pandemic suddenly arrived . Now, they sold their positions by pumping with fake predication. We will see the effects of huge jobless claims soon. Less iPhone purchase, Less spending. Less products of USA. Big dump ahead.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »