Casinos are better prepared to handle a downturn than in prior cycles, says Chad Beynon. He discusses how a boost in visitors on the strip will impact casino earnings. He also talks about China's reopening and Macau casinos, highlighting Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN), and Penn National Gaming (PENN). He then goes over how Super Bowl betting will import sportsbooks, mentioning DraftKings (DKNG). Tune in to find out more about the stock market today.
Trading 360
02 Feb 2023
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