8 casino operators burn through a combined $24.5M a day; gaming stocks carried with Dow’s 2,100-point bounce

Gaming stocks took a ride along with the 2,100-point surge by the Dow on Wall Street Tuesday on hopes the industry will be a party to an estimated $2 trillion stimulus package to help offset losses due to nationwide COVID-19 coronavirus pandemic. The help is needed, according to one Wall Street analyst. Macquarie Securities gaming analyst Chad Beynon said eight casino operators are burning through a combined $27.5 million a day as they endure a nationwide gaming industry shut down due to the coronavirus outbreak.

Read more: Howard Stutz, CDC Gaming Reports