Gaming Stocks Hit By Dow’s Drop
(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.