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28.04.26 - 20:00
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Vegas Casino Stocks Hit A Cold Streak As Visitor Growth Muted (ZeroHedge)
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Vegas Casino Stocks Hit A Cold Streak As Visitor Growth Muted
Las Vegas casino stocks have been largely mixed year to date on New York exchanges, as soaring costs for alcohol, parking, food, hotel rooms, bottled water, and other basic items have deterred cash-strapped visitors from the Strip.
Visitor volumes have been under pressure for more than a year, with Canadian travel down sharply in 2025. Major operators such as MGM and Caesars have reported revenue declines in Sin City, according to Bloomberg.
The latest data from the Las Vegas Convention and Visitors Authority show that visitor volumes increased marginally by 2.1% in February, but this was from a depressed level, as foot traffic remains below late-2024 levels.
Foot-traffic data from Placer.ai indicate that quarterly visits across the top casino operators remain soft, with Las Vegas-exclusive Red Rock Resorts being the only one showing growth.
Vegas foot traffic is expected to remain muted this year: "I wouldn't expect a major...
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28.04.26 - 18:33
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Aktien Wien Schluss: Leichte Kursgewinne (DPA-AFX)
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WIEN (dpa-AFX) - Die Wiener Börse hat am Dienstag leicht zugelegt. Der Leitindex ATX gewann 0,27 Prozent auf 5.779,43 Punkte. Der breiter gefasste ATX Prime fand sich zum Schluss mit plus 0,19 Prozent bei 2.858,24 Zählern. Die ......
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