Casino Stocks Sliding Lower Following Nevada Gaming Revenue Data Release

Loading...
Loading...

On Friday, the Nevada Gaming Commission reported August 2014 Nevada gaming revenues and collections. For the month of August the Vegas Strip casino gambling was down 6.08 percent to $553.2 million; statewide gaming win is down 3.66 percent compared to August 2013.

Prior to the release, casino stocks were trending higher in Friday’s trade but are now trading off the highs following the release of the numbers.

Century Casinos Inc. CNTY traded up to $5.70; currently $5.63 up 6.4 percent.

Las Vegas Sands LVS traded up to $62.54; currently sliding lower, now trading at $62 up 2.9 percent.

Boyd Gaming Corporation BYD traded up to $10.65; currently $10.52 up 2.3 percent.

Wynn Resorts WYNN traded up to $187.49; currently $184.94 up1.6 percent

MGM Resorts MGM traded up to $22.99; currently 22.70 up 1.4 percent.

Market News and Data brought to you by Benzinga APIs
Posted In: Top StoriesCasinos & GamingConsumer Discretionary
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...