Gaming stocks experience 7% increases on NYSE and Nasdaq

Howard Stutz, CDC Gaming Reports – The stock markets had one of their best days in the past few weeks on Monday, giving shares in the gaming sector a very welcome lift. The coronavirus pandemic has caused governors, regulators, and tribal governments to close nearly 1,000 commercial and Indian casinos in 43 states beginning in the middle of March in an effort to slow the viral spread. The shutdowns have caused casino operators and gaming equipment providers to see their balance sheets challenged and their healthy 2020 revenue projections tossed aside.

CDC Gaming Reports