Soft gambling volume in Macau is hurting casino stocks today.

Discussion in 'Stock Market Forum' started by TipdOff, Nov 4, 2014.

  1. TipdOff

    TipdOff Well-Known Member

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    $LVS near 52 week low:

    Screen Shot 2014-11-04 at 10_Fotor_Collage.jpg
     
  2. Determined2014

    Determined2014 Guest

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    Well they need to figure out a method that will get them out of this problem.
     
  3. troutski

    troutski Guest

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    Oh, really? As if every company just faces a problem and then says, "We need to figure this out" without actually coming up with a plan of action. Casinos don't make much money if people aren't putting down their cold, hard cash. I mean, how does LVS compare to its competitors in terms of what its locations offer and where they're lacking? Consumers stay away from specific locations for a variety of reasons after all. Could be a company-wide issue.
     

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