Casino stocks edge lower, at least partially influenced by word out of Las Vegas that the gaming...
Casino stocks edge lower, at least partially influenced by word out of Las Vegas that the gaming win on the Strip was down by 13% to $432M during a recent tracking period. The sector is also battling dueling analyst moves: Nomura downgrading MGM Resorts to Neutral from Buy and Lazard upping Wynn Resorts (WYNN +0.4%) to Buy from Neutral. Decliners: MGM -2.7%, LVS -1.5%, PENN -1.7%.
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