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Vegas Casino Stocks Hit A Cold Streak As Visitor Growth Muted
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...
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