{"id":5923,"date":"2020-03-17T14:34:44","date_gmt":"2020-03-17T14:34:44","guid":{"rendered":"https:\/\/www.casinous.com\/?p=5923"},"modified":"2021-07-13T12:27:04","modified_gmt":"2021-07-13T12:27:04","slug":"casino-stocks-in-las-vegas-drop-due-to-coronavirus","status":"publish","type":"post","link":"https:\/\/www.casinous.com\/casino-stocks-in-las-vegas-drop-due-to-coronavirus\/","title":{"rendered":"Casino Stocks in Las Vegas Drop due to Coronavirus"},"content":{"rendered":"<p class=\"post-modified-info\"><a class=\"last-modified-author\" href=\"https:\/\/www.casinous.com\/author\/angelina\/\">Angelina Cockle<\/a> | March 17, 2020 | Updated on: July 13th, 2021<\/p><p>Casino stocks in Las Vegas gambling operators are dropping sharply since the Coronavirus outbreak. The irony is that the gambling mecca is not a RedZone for COVID-19. The virus outbreak is having a snowball effect on the casinos in Las Vegas financially. How? Firstly, people may be paranoid about being out in crowded spaces, so fewer people are going land-based casinos. Secondly, a lot of the gamblers who play in Sin City are tourists. A big chunk of that gambling tourism comes from China, and China has had the strictest of travel restrictions currently. More travel restrictions are likely to come locally and from other countries. All that considered, it\u2019s easy to see why casino stocks have dipped.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"las-vegas-casino-stocks-drop-%e2%80%93-biggest-losers\"><\/span><span data-preserver-spaces=\"true\">Las Vegas Casino Stocks Drop &#8211; Biggest Losers<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Several gambling houses have already experienced a dip in their casino stocks. MGM Resorts had the most significant loss of over 30%. <\/span><\/p>\n<p>Listed below are the top 5 casinos whose share prices have dropped in Las Vegas<\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\"> MGM Resorts: down 33%<\/span><\/li>\n<li><span data-preserver-spaces=\"true\"> Wynn Resorts: down 24%<\/span><\/li>\n<li><span data-preserver-spaces=\"true\"> Red Rock Resort: down 13.86%<\/span><\/li>\n<li><span data-preserver-spaces=\"true\"> Boyd Gaming: down 9.3%<\/span><\/li>\n<li><span data-preserver-spaces=\"true\"> Caesars Entertainment: down 5.69%<\/span><\/li>\n<li><span data-preserver-spaces=\"true\"> Las Vegas Sands: down 4.14%<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5924\" title=\"Las Vegas Coronavirus\" src=\"https:\/\/www.casinous.com\/wp-content\/uploads\/2020\/03\/las-vegas-coronavirus.jpg\" alt=\"Las Vegas Coronavirus\" width=\"500\" height=\"333\" srcset=\"https:\/\/www.casinous.com\/wp-content\/uploads\/2020\/03\/las-vegas-coronavirus.jpg 500w, https:\/\/www.casinous.com\/wp-content\/uploads\/2020\/03\/las-vegas-coronavirus-300x200.jpg 300w, https:\/\/www.casinous.com\/wp-content\/uploads\/2020\/03\/las-vegas-coronavirus-150x100.jpg 150w, https:\/\/www.casinous.com\/wp-content\/uploads\/2020\/03\/las-vegas-coronavirus-360x240.jpg 360w, https:\/\/www.casinous.com\/wp-content\/uploads\/2020\/03\/las-vegas-coronavirus-262x174.jpg 262w, https:\/\/www.casinous.com\/wp-content\/uploads\/2020\/03\/las-vegas-coronavirus-162x108.jpg 162w, https:\/\/www.casinous.com\/wp-content\/uploads\/2020\/03\/las-vegas-coronavirus-100x67.jpg 100w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"what-next-for-las-vegas-casinos\"><\/span><span data-preserver-spaces=\"true\">What Next for Las Vegas Casinos<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Currently, there are 35 cases of the coronavirus in Las Vegas, and that number is likely to keep growing.<\/span><\/p>\n<p>Most casinos are closing their doors, which is likely to see further drops in the casino stocks<\/p>\n<p><span data-preserver-spaces=\"true\">Notable names such as Wynn Resorts are closing their doors from today the 17th of March for 14days. They are currently not taking any reservations even in the hotels for the two weeks.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">MGM Resorts International despite its 33% drop in casino stocks is suspending all activity indefinitely. They will, however, resume taking hotel reservations on the 2nd of April 2020.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Affected MGM Casino Resorts properties include:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">MGM Grand<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Bellagio<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Mandalay Bay<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Mirage<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Luxor<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">New York-New York Hotel<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Excalibur<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Park MGM<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Mirage<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Signature<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Delano<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Although you cannot physically go to most of the casinos in Vegas, you can stilll play your favorite casino games online. Find a list of <a href=\"\/\" target=\"_blank\" rel=\"noopener noreferrer\">online casinos that accept US players<\/a> here at CasinoUS so that you can stay home and gamble safely.<\/p>\n<h3>Related Casino News<\/h3>\n<ul>\n<li><a href=\"\/biggest-casino-wins-in-history\/\" target=\"_blank\" rel=\"noopener noreferrer\">What is the Biggest Bet Ever Won \u2013 A Detailed Look at the Biggest Casino Wins<\/a><\/li>\n<li><a href=\"\/can-online-casinos-be-rigged\/\" target=\"_blank\" rel=\"noopener noreferrer\">Can Online Casinos be Rigged?<\/a><\/li>\n<li><a href=\"\/online-slots\/are-online-slots-rigged\/\" target=\"_blank\" rel=\"noopener noreferrer\">Are Online Slots Rigged?<\/a><\/li>\n<li><a href=\"\/blackjack-ball-event-brings-prominent-gamblers-to-las-vegas\/\" target=\"_blank\" rel=\"noopener noreferrer\">Blackjack Ball Event Brings Prominent Gamblers to Las Vegas<\/a><\/li>\n<li><a href=\"\/draftkings-app-launched-in-iowa\/\" target=\"_blank\" rel=\"noopener noreferrer\">DraftKings App Launched in Iowa<\/a><\/li>\n<li><a href=\"\/colorado-casinos-eager-to-open-a-retail-and-mobile-sportsbook\/\" target=\"_blank\" rel=\"noopener noreferrer\">Colorado Casinos Eager to Open a Retail and Mobile Sportsbook<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Angelina Cockle | March 17, 2020 | Updated on: July 13th, 2021Casino stocks in Las Vegas gambling operators are dropping sharply since the Coronavirus outbreak. The irony is that the gambling mecca is not a RedZone for COVID-19. The virus outbreak is having a snowball effect on the casinos in Las Vegas financially. How? Firstly, [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":5924,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3697,3699,14232,14229],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Casino Stocks in Las Vegas Drop because of COVID-19 Outbreak.<\/title>\n<meta name=\"description\" content=\"Las Vegas casino stocks prices are dropping in light of the Coronavirus outbreak. 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Find out details and which casinos in Las Vegas will close temporarily\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casinous.com\/casino-stocks-in-las-vegas-drop-due-to-coronavirus\/\" \/>\n<meta property=\"og:site_name\" content=\"Best Online Casinos USA - US Online Gambling Sites\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino-US-335334396816304\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-17T14:34:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-13T12:27:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casinous.com\/wp-content\/uploads\/2020\/03\/las-vegas-coronavirus.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"333\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Angelina Cockle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Real_CasinoUS\" \/>\n<meta name=\"twitter:site\" content=\"@Real_CasinoUS\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Angelina Cockle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.casinous.com\/casino-stocks-in-las-vegas-drop-due-to-coronavirus\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.casinous.com\/casino-stocks-in-las-vegas-drop-due-to-coronavirus\/\"},\"author\":{\"name\":\"Angelina Cockle\",\"@id\":\"https:\/\/www.casinous.com\/#\/schema\/person\/46c199ee000eb5f7bf7ac3b4d846b33c\"},\"headline\":\"Casino Stocks in Las Vegas Drop due to Coronavirus\",\"datePublished\":\"2020-03-17T14:34:44+00:00\",\"dateModified\":\"2021-07-13T12:27:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.casinous.com\/casino-stocks-in-las-vegas-drop-due-to-coronavirus\/\"},\"wordCount\":410,\"publisher\":{\"@id\":\"https:\/\/www.casinous.com\/#organization\"},\"articleSection\":[\"Casino News\",\"Financial\",\"Las Vegas\",\"Nevada\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casinous.com\/casino-stocks-in-las-vegas-drop-due-to-coronavirus\/\",\"url\":\"https:\/\/www.casinous.com\/casino-stocks-in-las-vegas-drop-due-to-coronavirus\/\",\"name\":\"Casino Stocks in Las Vegas Drop because of COVID-19 Outbreak.\",\"isPartOf\":{\"@id\":\"https:\/\/www.casinous.com\/#website\"},\"datePublished\":\"2020-03-17T14:34:44+00:00\",\"dateModified\":\"2021-07-13T12:27:04+00:00\",\"description\":\"Las Vegas casino stocks prices are dropping in light of the Coronavirus outbreak. 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