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Las Vegas Casinos Get The November They Needed by David G. Schwartz

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November, like October, was a good month for gaming operators in Nevada. With many indicators up, it appears that the summer slowdown is as much a memory as triple-digit temperatures in the currently chilly Mojave. This will likely boost investor confidence in Las Vegas-based casino giants in the short-term, as solid results from Las Vegas, coupled with domestic expansion, make these companies more attractive.

Nevada gaming has had a tumultuous 2018. The Las Vegas Strip, where most of the big operators (MGM Resorts International, Caesars Entertainment, Wynn Resorts, Las Vegas Sands, and Penn National) have exposure, has been on a rollercoaster. Total Las Vegas Strip casino win was down in January, up from February to June, then down in July, August, and September.


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