Accessibility Menu
 
Arrow-Thin-Down
S&P 500
6,816.89
-0.1%
-7.77
Arrow-Thin-Down
DJI
47,916.57
-0.6%
-269.23
Arrow-Thin-Down
NASDAQ
22,902.89
+0.4%
+80.48
Arrow-Thin-Down
Bitcoin
$73,390.00
+0.2%
+$111.25
Arrow-Thin-Down
AMZN
$238.43
+2.0%
+$4.78
Arrow-Thin-Down
GOOG
$315.72
-0.2%
-$0.65
Arrow-Thin-Down
META
$629.75
+0.2%
+$1.36
Arrow-Thin-Down
MSFT
$370.82
-0.6%
-$2.25
Arrow-Thin-Down
NVDA
$188.67
+2.6%
+$4.76
Arrow-Thin-Down
TSLA
$348.76
+0.9%
+$3.14
Most Active StocksDaily Stock GainersDaily Stock Losers

Why Las Vegas Casino Stocks Are Losing Steam

The pandemic boost is ending in Las Vegas.

By Travis Hoium – Aug 6, 2023 at 9:15AM EST

Las Vegas came out of the pandemic like a rocket, reporting record gambling revenue in 2022. But revenue is slowing, and Caesars Entertainment (CZR +1.66%) is feeling the pinch.

*Stock prices used were end-of-day prices of Aug. 1, 2023. The video was published on Aug. 2, 2023.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
TMFFlushDraw
X@travishoium

Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Caesars Entertainment Stock Quote
Caesars Entertainment
NASDAQ: CZR
$26.88
(+1.66%)+$0.44

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services