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0.00183936235438388 0.00102186797465776 0.00204373594931538 0.00531371346822001 0.00470059268342538 0.00480277948089106 0.00592683425301449 0.00408747189863076
Stock impact report

Caesars, MGM Deliver Good News for the Las Vegas Strip [TheStreet.com]

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
Company Research Source: TheStreet.com
Prices at grocery stores and at gas pumps remain high while the housing market has cooled but not come back to Earth. Add in looming fears of job cuts, led by the big tech companies trimming thousands of workers, and you can see why people might hold onto their wallets a little more tightly. You would think these realities (and fears) would cause people to be more cautious with discretionary spending on gambling, eating luxurious meals, spending big on entertainment, and booking lavish hotel rooms. That may be happening in some areas. But Disney's ( ) - theme parks and many cruise lines continue to see strong demand. And likewise, the economic pessimism is not affecting Las Vegas. In fact, Caesars Entertainment ( ) - and MGM Resorts ( ) - have reported that a slowing economy has not been bad for business. Both explained this during their most recent earnings calls, while they expressed optimism about the coming quarters along with plans for what's next on the Las Vegas Strip. Imag Show less Read more
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