Las Vegas Slowdown Hurts Casino Stocks
At least Macao is still growing.
The Las Vegas Strip isn't as hot as it once was, and that's starting to hurt earnings for casino companies. But Macao is still a growth engine, and Travis Hoium shows in this video where investors can find growth.
*Stock prices used were end-of-day prices of April 30, 2024. The video was published on May 1, 2024.
Travis Hoium has positions in Melco Resorts & Entertainment. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
