Here's Why MGM Resorts, Wynn Resorts, and Other Casino Stocks Are Rising Today
The stock market is seeing modest gains today, with most major indexes up less than 1% as of 3:20 p.m. EDT. However, large casino operators are outperforming the broader market, and by a wide margin. MGM Resorts (NYSE: MGM) is higher by 10%, Wynn Resorts (NASDAQ: WYNN) is up by 7.5%, and Las Vegas Sands (NYSE: LVS) has gained more than 4%.
There are a couple of potential catalysts fueling today's moves higher.
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Source Fool.com
