MGM, WYNN, LSV are all down 12-25% for the year. I'm not personally invested in any (sold the WYNN shares I owned back in January), but am curious about this sector-wide retreat. If the US economy is doing (relatively) well, wouldn't consumers with more disposable income be flocking to the casinos to lose it?
Submitted September 07, 2018 at 03:01PM by Mcfinley https://ift.tt/2MZGaGs
