Wynn Resorts ( NASDAQ:WYNN) implemented midweek closures at its Encore hotel in October, while Las Vegas Sands ( NYSE:LVS) completely closed the Palazzo.

It's also why numerous hotels are closing during the week and opening only on the weekend.

It may pick up some, but there doesn't appear to be any momentum whatsoever to jump-start a full-throated casino revival. Yet from data that's available, there doesn't seem to be much to support that conclusion.Ĭertainly broadly distributed COVID-19 vaccines and easing of casino floor restrictions will help, but there's still no convention business occurring in Las Vegas and little in the way of gambling going on. I may not be able to respond to every suggestion, but I do read them all! Think an article needs a correction? Reach Rich here.Īfter the year Las Vegas casinos had in 2020, investors may be looking for a recovery to take shape in the second half of 2021, and pick up speed next year. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. His coverage reflects his passion for motorcycles, booze, and guns (though not enjoyed all at the same ually), but his writing also covers the broader sectors of consumer goods, technology, and industrials. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Rich has been a Fool since 1998 and writing for the site since 2004.

New vegas no not much