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Boyd Gaming Corporation (NYSE:BYD), Caesars Entertainment Corporation (NASDAQ:CZR) - Why Casino Stocks Are Trading Higher Today

Share: Casino stocks are trading higher on Monday as vaccine optimism boosts casino and hotel stocks despite near-term COVID-19 concerns. The strength is potentially related to reopening hopes amid the U.S. COVID-19 vaccine rollout as well as sports betting optimism. Caesars Entertainment Corporation (NASDAQ: CZR) operates 49 casino properties in 13 U.S. states and five countries (with a sixth non-casino resort in Dubai), primarily under the Caesars, Harrah s, and Horseshoe brands. Caesars Entertainment Corporation shares were trading up 3.58% at $72.40. The stock has a 52-week high of $74.92 and a 52-week low of $6.02. Monarch Casino & Resort (NASDAQ: MCRI) owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk.

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