Revenue dropped at every one of Caesars Entertainment's (CZR +0.00%) resorts, despite a recovery for Las Vegas Sands (LVS +0.68%) and Wynn Resorts (WYNN 0.65%) in Las Vegas. The mid to low end of Las Vegas simply isn't recovering as quickly as the high end, and when you pile on struggles across the country in regional gaming, the company is in rough shape. Gaming analyst Travis Hoium covers the concerns he has for the stock in the video below.
Struggles Continue at Caesars Entertainment
By Travis Hoium – Aug 6, 2013 at 2:26PM
NASDAQ: CZR
Caesars Entertainment
Falling revenue in Las Vegas is a warning sign for Caesars.
About the Author
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.