FLL - Casino sector slammed on concerns over 'return to normalcy' timeline
Casino stocks are having trouble getting out of the way out of broad market concerns over the impact of COVID-19 setbacks. Tighter restrictions in Europe have drawn the notice of investors, with many scientists warning that certain U.S. cities could see hospitals pressured again this fall under the load of COVID-19 cases needing medical attention. While casino traffic has been better than anticipated in many parts of the U.S. and Las Vegas, the anxiety seems centered on the "return to normalcy" timeline with Big Pharma warning on the complexity and extended length of time for a mass distribution of a COVID-19 vaccine in the U.S. Notable decliners include Wynn Resorts ([[WYNN]] -7.1%), Red Rock Resorts ([[RRR]] -6.4%), Full House Resorts ([[FLL]] -4.5%), MGM Resorts ([[MGM]] -4.5%), Twin River Worldwide ([[TRWH]] -2.7%), Penn National Gaming ([[PENN]] -0.4%) and Caesars Entertainment ([[CZR]] -5.2%). DraftKings (DKNG) is also down 9.15% with its casino
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Casino sector slammed on concerns over 'return to normalcy' timeline