until a vaccine is readily available<\/a>, waiting until July, August, or September of 2021 for things to look normal again is a potentially big ask for investors holding gaming equities. Underscoring the sensitivity of Las Vegas-heavy operators to the vaccine theme, Caesars Entertainment (NASDAQ:CZR) is joining rival MGM to the downside today with a loss of almost four percent.<\/p>\nThe Other Variable<\/h2>\n
The other wild card for financial markets and, certainly, casino operators, is the efficacy of any COVID-19 treatment.<\/p>\n
There are more than 100 therapies currently in various stages of trials. But only a handful are viewed as credible contenders, and, at this juncture, it’s not immediately clear if any will be effective in vanquishing the virus.<\/strong><\/p>\nThe most optimistic time line is that a small number of companies that are in advanced stage trials on coronavirus vaccines could provide efficacy updates to the Food & Drug Administration (FDA) sometime next month.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gaming equities are following broader markets lower Monday, as investors fret about the potential of another wave of coronavirus cases in the US. Specific to travel and leisure stocks, Wall Street is growing pensive regarding the return to normalcy time line. It’s a sea of red to start the week for casino operators, with Boyd […]<\/p>\n","protected":false},"author":46,"featured_media":149515,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62],"tags":[],"acf":[],"yoast_head":"\n
Las Vegas Sands, MGM, Other Gaming Stocks Pounded Amid Renewed COVID-19 Fears - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n