🍒 How These 5 Casino Stocks Are Handling The Coronavirus | InvestorPlace

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Casino stocks are rising from the dead, but there's more pain ahead. Here are three lucky options trades that will profit.


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Can Casino Stocks Survive the Pandemic?
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3 Casino Stocks You Shouldn't Roll the Dice On Anytime Soon | InvestorPlace
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Investors may be particularly intrigued by the earnings growth and dividends of the major casino stocks. The 4 major publicly-traded casino.


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COVID is a big gamble for casino stocks. March 27 press release, MGM has $ billion in cash and cash investments to support liquidity.


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Investors may be particularly intrigued by the earnings growth and dividends of the major casino stocks. The 4 major publicly-traded casino.


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Casino stocks are rising from the dead, but there's more pain ahead. Here are three lucky options trades that will profit.


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Guests will likely take some time to return to anything near normal travel and gambling patterns, which could suppress revenue for a year or more. The worst thing that could happen for casinos is reopening and no guests showing up, which may be the case for the time being. Jun 3, at PM. Related Articles.{/INSERTKEYS}{/PARAGRAPH} Image source: Getty Images. Retired: What Now? We Are Motley. Getting Started. Personal Finance. New Ventures. But if customers don't come back in droves, the additional cost could drive losses over the next quarter or two. Be aware that the numbers may not look good for the next few months or quarters, especially given what we've seen in Macau. Author Bio Travis Hoium has been writing for fool. Macau, which can be seen as something of a bellwether for Las Vegas because it's a month or two ahead in dealing with COVID, recently announced that gambling revenue in May fell Some of that can be blamed on restrictions and unrest in mainland China and Hong Kong, but there's no real sign of a V-shaped recovery in demand in the region. {PARAGRAPH}{INSERTKEYS}Shares of casino stocks jumped dramatically on Wednesday as casinos announced opening plans and the market moved higher overall. Who Is the Motley Fool? Stock Advisor launched in February of Join Stock Advisor. Shares moved higher throughout the day with these three stocks up Part of the move was certainly driven by the market climbing overall and volatile casino stocks magnifying those gains. About Us. Investors have been waiting for casinos to reopen and are anticipating demand to pick back up if stock prices are any indication. Investing Best Accounts. Industries to Invest In. Las Vegas may not look any better a few months from now. Planning for Retirement. As casinos open, we're going to see operating expenses rise as the staff is rehired and resorts return to at least a minimal level of operation. The truth is that we don't know how consumer discretionary stocks like casino stocks are going to hold up in the next few months as their underlying businesses return to operation. Follow TravisHoium. While the short-term news that casinos are opening seems like good news, it may not be that at all. Fool Podcasts. Stock Market Basics. However, there may be a reason for caution. Search Search:. Tomorrow, Las Vegas casinos are going to start opening and investors are hoping that's a sign of returning profits, as well. Eldorado has already opened properties in Missouri, Iowa, Mississippi, and Louisiana. Stock Market. The Ascent.