On Thursday, Wells Fargo analysts offered insight into Vegas strip sales ahead of the official release of revenue data from the Nevada Gaming Board expected tomorrow.
Cameron McKnight forecasts Vegas strip sales down 10 percent year over year in August; noting tough comps from last year.
Moreover, McKnight sees Las Vegas Strip revenues will be hard pressed to meet the 20 percent August 2013 comparable numbers.
Casino stocks are trading lower in Thursday's session ahead of the gaming data release expected tomorrow:
Boyd Gaming Corporation BYD down 2.7 percent
Wynn Resorts Limited WYNN down 2.3 percent
Las Vegas Sands LVS down 2 percent
MGM Resorts Limited MGM down 1.8 percent
Monarch Casino & Resort Inc. MCRI down 1.2 percent
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