Post-Covid ‘Sugar High’ Wearing Off in Vegas
Description
The Las Vegas Strip is burning off the sugar high of post-Covid. Chad Benyon sees weakness in the “mid-end” and thinks that downside risk remains for 3Q estimates in the sector. He likes Wynn Resorts (WYNN) and thinks sports betting will remain strong next year. In general, he thinks Vegas has gained market share for conventions and other big events, but prices might have been pushed too high.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
United States
