Las Vegas Strip May Gambling Revenue Rose 3.71% Year-Over-Year to $742.5M
Portfolio Pulse from Benzinga Newsdesk
Las Vegas Strip's gambling revenue for May increased by 3.71% year-over-year, reaching $742.5 million.
June 27, 2024 | 1:33 pm
News sentiment analysis
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POSITIVE IMPACT
Caesars Entertainment (CZR) is likely to benefit from the 3.71% increase in Las Vegas Strip's gambling revenue for May.
As a major operator on the Las Vegas Strip, Caesars Entertainment is likely to benefit from increased gambling revenue, which could positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Las Vegas Sands (LVS) may experience a positive impact due to the 3.71% increase in Las Vegas Strip's gambling revenue for May.
Las Vegas Sands, being a significant player in the Las Vegas market, is expected to benefit from the increased gambling revenue, potentially boosting its stock price.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
MGM Resorts (MGM) is likely to see a positive impact from the 3.71% increase in Las Vegas Strip's gambling revenue for May.
MGM Resorts, as a major operator on the Las Vegas Strip, is expected to benefit significantly from the increased gambling revenue, which could positively affect its stock price.
CONFIDENCE 95
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
Penn National Gaming (PENN) may see a positive impact from the 3.71% increase in Las Vegas Strip's gambling revenue for May.
Although Penn National Gaming has a smaller presence on the Las Vegas Strip, it could still benefit from the overall increase in gambling revenue.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Wynn Resorts (WYNN) is likely to benefit from the 3.71% increase in Las Vegas Strip's gambling revenue for May.
Wynn Resorts, being a prominent operator on the Las Vegas Strip, is expected to benefit from the increased gambling revenue, potentially boosting its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 85