Vegas Strip Gaming Win Up ~5% In November

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Stocks of the major Casino & Gaming operators are volatile Wednesday morning following the release of so-called gaming win figures out of Nevada's Gaming Control Board. The Board reported year-over-year Las Vegas Strip win rose 5.38 percent to $535.62 million during the month of November. On a ficsal-year-to-date basis, gaming win on the Strip was down about 1 percent to around $2.586 billion. Statewide percentage fee collections, the less-lagging indicator for players in the Casino & Gaming space, totaled about $62 million in December, up nearly 31 percent month over month. Checking in around the Casino & Gaming sector:
  • Las Vegas Sands LVS down 0.2 percent to $44.29
  • MGM Resorts MGM down 0.2 percent to $22.89
  • Wynn Resorts WYNN down 0.1 percent to $70.02
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Posted In: NewsCasinos & GamingConsumer Discretionary
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