Gaming Stocks Hit By Dow’s Drop

View Comments
stock market

(Las Vegas, NV)  — Gaming stocks were not immune from yesterday’s 634-point drop in the Dow Jones Industrial Average.  Wynn Resorts stock fell nearly ten percent yesterday, while rivals Boyd Gaming and Las Vegas Sands suffered double-digit drops.  Slot
machine maker IGT saw its stock fall nearly 14%.  Brian Gordon with the firm Applied Analysis tells the “Review-Journal” public perception about casino operators “has clearly shifted” due to concerns about a double-dip recession that could hurt Las Vegas tourism.

View Comments
blog comments powered by Disqus