Tag: casinos

  • Why Investors are Gambling on Casinos Again

    Why Investors are Gambling on Casinos Again

    Investors are gambling on casino stocks again. All after Macau officials announced the easing of pandemic travel restrictions. As noted by MarketWatch: JP Morgan analyst Joseph Greff said that would be the “first meaningful” easing of travel restrictions to the gambling center since the start of the COVID-19 outbreak.  “This positive development isn’t something the…

  • Jackpot: Investors are Rolling the Dice on Casino Stocks

    Jackpot: Investors are Rolling the Dice on Casino Stocks

    Casino stocks hit the jackpot. MGM Resorts (MGM) ran from a recent low of $40 to a high of $51 Wynn (WYNN) ran from a recent low of $80 to $97 Caesars Entertainment (CZR) ran from $82.50 to $103 Boyd Gaming (BYD) ran from about $58 to $64 All thanks to the industry’s best quarter…