Las Vegas Sands, MGM, & Wynn Could Lose Millions
Thought we were past the dangers of Covid lock-downs? So did we! But now, casino operators like MGM, the Las Vegas Sands, and Wynn Resorts are learning the hard way that the Coronavirus can still hurt them… even from thousands of miles away. Casinos in Macau have been dark for several days now, shut down due to a new Covid outbreak. These American companies all have a lot invested in that market, and each could lose millions of dollars if things do not improve quickly. Already, the Las Vegas Sands has reported second quarter results which show that reduced visitors…
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