Casino Industry Goes on Lockdown: Here's What to Expect
A month after Macao, an autonomous region in southern China, shut down the casino industry for 15 days, the U.S. casino industry has decided to do the same. Over the weekend, MGM Resorts (NYSE: MGM), Wynn Resorts (NASDAQ: WYNN), and Penn National Gaming (NASDAQ: PENN) all announced the closure of some or all of their casinos.
Las Vegas Sands' (NYSE: LVS) properties in Las Vegas will stay open, and Caesars Entertainment (NASDAQ: CZR) is only shutting down live entertainment, but the Las Vegas Strip may be a ghost town anyway.
Image source: Getty Images.
Source Fool.com
