The nilai of shares in some of Nevada's most prominent kasino operators reportedly dropped dramatically yesterday amid ongoing fears that the appearance of the coronavirus strain in ‘The Silver State' could significantly reduce tourist numbers.
According to a Thursday report from the Reno Gazette-Journal newspaper, Nevada recorded its first case of the highly-contagious coronavirus contagion yesterday with this news subsequently helping to immediately push the individu price of shares in local kasino giant Las Vegas Sands Corporation down by approximately 4.1% to $54.88.
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The newspaper reported that this decline was even more serious for Caesars Pertunjukan Corporation as its stok nilai crashed by 5.69% to $11.27 while Boyd Gaming Corporation suffered a 9.3% diminution to $22.43. Even more pronounced was the purported 9.5% decrease for Wynn Resorts Limited to $95.62 while investors in MGM Resorts International were seriously hurt courtesy of an 11.5% decline to $20.60.
However, the Reno Gazette-Journal reported that Red Rock Resorts Incorporated, which is responsible for Las Vegas' 796-room Red Rock Kasino Resor and Spa, experienced the biggest associated one-day plunge yesterday as the nilai of its shares fell by about 13.8% to $16.53.
Fickle future:
The newspaper moreover reported that the Dow Jones Industrial Average chalked up its worst performnce in some two years yesterday owing to anxiety over the trending outbreak that began in China while Mark Haefele, Chief Investment Officer for UBS Global Wealth Manajemen, reportedly used a catatan to declare that he expects the Nevada kasino pasar to ‘remain volatile'.
Reportedly read the filing from Haefele…
"The unfolding nature of the coronavirus threat, both real and perceived, is not yet quantifiable, and as such, the current global kebijakan response can't immediately be judged as sufficient or insufficient for restoring investor confidence in the short-term."
Tourist trepidation:
For its part and the Las Vegas Ulasan-Journal newspaper cited a Tuesday report from the United States Travel Association yesterday in warning that international travel to the United States is due to fall by around 6% over the course of the next three months. Such an outcome would purportedly represent the largest turun since the ‘Great Recession' of the 2000s and could subsequently negatively impact gaming and tourism numbers in Las
