Industry Analysts Optimistic on Las Vegas Recovery
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2020 sucked for the gaming industry. COVID-19 forced lengthy shutdowns of commercial activity everywhere. Las Vegas is on the road to recovery. Industry analysts are optimistic about the recovery heading into 2022.
Las Vegas is recovering from the COVID-19 pandemic. Morgan Stanley investors are optimistic about the city's recovery. Macau is having a different problem. Jefferies Equity Analyst David Katz highlights the 50% improvement in stock prices seen by companies such as MGM Resorts International and Caesars Entertainment. Macao is also having problems with the ongoing struggles with COVIID- 19 and uncertainty over the future of gaming regulations in Macua. LVS is likely to suffer because of the issues in Asia. It is a major focal point of its growth strategy.
