Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of casino operator MGM Resorts International
So what: According to the Nevada Gaming Control Board, gaming revenues on the Las Vegas Strip surged a whopping 21% year over year in August to $544 million. Not surprisingly, shares of other Las Vegas-based casinos such as Las Vegas Sands
Now what: While MGM is far from out of the woods, a recovering Las Vegas would serve as a much-needed tailwind for the embattled casino. Fools have generally turned their bullish attention toward booming Macau plays like Melco Crown
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