πŸ– Top 3 Most Undervalued Gambling Stocks on The Market Right Now - MarketWatch

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If a recovery comes over the next few quarters, these three companies could be solid value stocks for long-term investors. And debt investors may already be holding up this deal. Who Is the Motley Fool? Management will also be able to give investors an update on the traffic flow into resorts and casinos throughout July. About Us. Here in the U. The problem for Macau is that Mainland China and Hong Kong, where most of its visitors come from, have placed restrictions on those returning from the region. We shouldn't expect a quick recovery, but there have been early reports that casinos were busy in Las Vegas when they opened. Industries to Invest In. Reopening resorts and casinos may sound like good news, but it's unlikely gamblers will travel to major resorts in droves while the virus is still a big threat. New Ventures. Given this backdrop, a few companies will provide some important insights over the next few weeks. If these restrictions begin to ease, Wynn Resorts' operations could start to recover in July and throughout But if they don't, this will be a stock that could help sink all casino stocks with exposure to Macau. The U. Approvals of the merger have been moving along, with the Federal Trade Commission being the latest to give the thumbs up. Search Search:. Investing Best Accounts. Getting Started. Retired: What Now? Related Articles.{/INSERTKEYS}{/PARAGRAPH} Gambling stocks are in for a rough year in , but investors are looking for any indication on when a recovery is coming. Here are the stocks I'm watching in July to give us a glimpse of the gambling industry's future. But there's a lot of uncertainty ahead, and hopefully July will provide some answers. Stock Advisor launched in February of Join Stock Advisor. But merging two highly leveraged casino companies in the middle of a pandemic may be a recipe for disaster long term. Author Bio Travis Hoium has been writing for fool. Planning for Retirement. Fool Podcasts. {PARAGRAPH}{INSERTKEYS}The gambling industry is facing an uncertain future as states and countries reopen and coronavirus cases rise in the U. Image source: Getty Images. When it reports earnings, likely late this month, we'll get a good look at how much revenue has been generated in the weeks since casinos reopened in Las Vegas and across the country. Stock Market. Personal Finance. The two companies said their agreement to merge would close in June, but that clearly didn't happen. Jul 9, at AM. A day quarantine period in Hong Kong was recently extended to August 7 and China has restricted visas to Macau. The Ascent. Stock Market Basics. Follow TravisHoium.