Casino Stocks on The Rise With Las Vegas Reopening | Gambling News episode artwork

EPISODE · Jun 9, 2020 · 4 MIN

Casino Stocks on The Rise With Las Vegas Reopening | Gambling News

from Gambling News Podcast · host EasyMobileCasino.com

Las Vegas was back up and running on Thursday, June 4. The number of open casinos was limited as was each one’s capacity. None the less, casino stock investors were pleased with the early reports. Demand was stronger than expected in the early Las Vegas crowds. The road to recovery remains rather long but clearing this first hurdle was an important step forward. One financial firm with a vested interest is Bank of America. One of its gaming analysts is Shaun Kelley. He reported that strong demand will push up the reopening date of other casinos properties in Las Vegas. The Casino Gambling Experience During The CoronavirusLand-based casinos are starting to reopen all across the nation. The biggest industry news came from Nevada with Las Vegas and Reno back in business. Over on the East Coast, the shutdown in Atlantic City continues. This should carry over into July. The overall gambling experience awaiting those patrons will be interesting to say the least. To get a taste of things to come, NJ Advance Media columnist Steve Politi took a trip to Foxwoods Resort Casino in Connecticut. The one word he used to sum up that experience was surreal. Dealers in masks, plastic partitions at gaming tables and the strong smell of disinfectant were a few observations.Social Distancing and Sinks at Slot Machine Greet Las Vegas GamblersWhat is happening in Las Vegas these days is vastly different from just a few months ago. Casino were finally allowed to reopen on June 4 following the complete coronavirus shutdown in mid-March. Strict guidelines for health and safety have been put into place. A key component of that plan is social distancing and added sanitation measures. Plastic partitions keep players separated. Portable sinks for washing hands are new additions to the casino floor. The gaming industry is trying to bring visitors back to Las Vegas casinos while also keeping them apart. Player limits at table games and available slot machines have become part of the plan.Eldorado Resorts Posted Solid Gain in Stock PriceEldorado Resorts is a major player in Nevada’s gaming industry. All of its current business is in the Reno and Lake Tahoe region of the state. Plans to acquire Caesars Entertainment for $17.3 billion will extend that business to Las Vegas. Demand was stronger than expected when select Nevada casinos reopened their doors for business on June 4. They had been shuttered since mid-March due to the coronavirus. This demand drove up the price of Eldorado stock in late-week trading. A gain of eight percent set the price at its highest levels since early March. Gaming investors have a strong interest in regional players such as Eldorado Resorts.    🍒 Find The Latest Casino News At https://playslots4realmoney.com 💵 Gambling News on Our Website:  https://www.easymobilecasino.com/news/ 🎰 Get The Latest Slot Machine Reviews & Online Casino Ratings :  https://www.casinoslotsmoney.com/🎰  Subscribe To Our YouTube Channel:  https://www.youtube.com/channel/UCQHM1hq6xNbrgBTFe__1cbg

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Las Vegas was back up and running on Thursday, June 4. The number of open casinos was limited as was each one’s capacity. None the less, casino stock investors were pleased with the early reports. Demand was stronger than expected in the early Las Vegas crowds. The road to recovery remains rather long but clearing this first hurdle was an important step forward. One financial firm with a vested interest is Bank of America. One of its gaming analysts is Shaun Kelley. He reported that strong d...

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Casino Stocks on The Rise With Las Vegas Reopening | Gambling News

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