Why Casino Stocks Soared This Week to Beat Out the Stock Market
Las Vegas Sands, Wynn Resorts, and Caesars Entertainment all roared ahead on Friday.
Las Vegas Sands owns the Venetian and the Palazzo casinos on the Strip, along with the Sands Expo convention center in Vegas and Sands Macao.
Symbol | Last Price | Market Cap | % Δ 1 Yr | % Δ 5 Yr |
---|---|---|---|---|
LVS
Las Vegas Sands
|
$34.62 | $26B | -42.1% | -32.5% |
SBUX |
$76.71 | $85B | -32.6% | 30.2% |
CMG |
$1,402.42 | $37B | -0.4% | 181.9% |
MTN |
$252.94 | $10B | -21.4% | 32.8% |
TXRH |
$80.32 | $5B | -19.5% | 76.3% |
Las Vegas Sands, Wynn Resorts, and Caesars Entertainment all roared ahead on Friday.
LVS earnings call for the period ending March 31, 2022.
LVS earnings call for the period ending December 31, 2021.
It's an economic reopening story -- but the plot is kind of hard to follow.
Its latest quarterly report was uninspiring, but a rebound for the casino operator could be on the horizon.
LVS earnings call for the period ending September 30, 2021.
Gaming stocks in Las Vegas are hot -- in China, not so much.
Here's what you should know before you add FedEx, Las Vegas Sands, or Wynn Resorts to your portfolio.
Sweeping changes could be coming to Macao integrated resorts.
Macao's government could potentially change the rules of the gambling business next year, and it has investors on edge.
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