MGM MGM Resorts International

The Nevada Gaming Control Board said Thursday that gambling revenue statewide in June declined just over 6% to $832.5 million. On the Las Vegas Strip, which accounts for more than half the total, revenue fell 4.5% to $483.7 million. Other markets posting declines included downtown Las Vegas and Laughlin while Washoe County, home of Reno and Lake Tahoe, was up more than 7%. Shares of publicly-traded casino operators like Las Vegas Sands (LVS), MGM Resorts (MGM) and Wynn Resorts (WYNN) were recently down, while Caesars Entertainment (CZR) was up about 1.2%.

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