Revenues Decline ~ 10% in Quarter

Casino Industry Facing Slowing Gaming Revenues in Macau and Nevada
Tue, Aug 14, 2012

NEW YORK, NY--(Marketwire -08/14/12)- After a strong start to the year, casino stocks have begun to falter as Macau's gambling revenue growth has slowed. The Market Vectors Gaming ETF (BJK) -- which replicates an index consisting of publicly traded companies engaged in the global gaming industry -- has fallen roughly 10 percent in the last three months. Five Star Equities examines the outlook for companies in the Resorts & Casinos Industry and provides equity research on Wynn Resorts, Limited (WYNN) and Caesars Entertainment Corp. (CZR).

Last week the Nevada Gaming Control Board reported that Nevada casino revenue fell 6 percent for the month of June.....This was the second consecutive monthly decline, and the third in four months said Mike Lawton, senior analyst with the control board.


http://finance.yahoo.com/news/casino-industry-facing-slowing-gaming-122000711.html