TRWH - Penn leads U.S. casino sector lower

October, 19 2020 02:19 PM Twin River Worldwide Holdings Inc.

The U.S. casino sector trades lower on raised concerns that a full recovery in foot traffic will take longer than anticipated. Highlighting that sentiment, South Point Hotel, Casino & Spa. owner Michael Gaughan warns that Las Vegas might not fully recover until 2022. Many U.S. operators are seeing online gaming and sports betting take up some of the slack, but are losing out on on-premise sales. Notable decliners on the day include Penn National Gaming ([[PENN]] -8.1%), Full House Resorts ([[FLL]] -6.6%), Century Casinos ([[CNTY]] -4.8%), Golden Entertainment ([[GDEN]] -4.3%), Red Rock Resorts ([[RRR]] -2.2%), Twin River Worldwide ([[TRWH]] -2.1%) and Boyd Gaming ([[BYD]] -1.2%). International Game Technology ([[IGT]] -2.2%), Scientific Games ([[SGMS]] -2.7%) and 500.com ([[WBAI]] -3.6%) are also lower.Earlier: Union Gaming lowers it outlook on Macau sector

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Penn leads U.S. casino sector lower

Company Name:	Twin River Worldwide Holdings Inc.
Stock Symbol:	TRWH
Market:	NYSE

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