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Casino stocks (BJK -5.6%) fall apart as investors second-guess how gaming firms will boost...

Casino stocks (BJK -5.6%) fall apart as investors second-guess how gaming firms will boost profits in the midst of an economic slowdown, and with trillions in wealth now pulverized. Analysts were banking on prospects in Macau lifting the bottom lines of casinos, optimism that now seems dated. Leading decliners: LVS -8.8%, MPEL -12%, MGM -9.2%, PNK -7.2%.
Comments (1)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    "...how gaming firms will boost profits in the midst of an economic slowdown..."

     

    Two weeks ago this was a gradual recovery.

     

    Come seven, come eleven...

     

    This is investing? LVS -8.8%, MPEL -12%, MGM -9.2%, PNK -7.2%.
    8 Aug 2011, 03:28 PM Reply Like
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