Las Vegas Strip Gets Good News From Caesars

During tougher economic times, people spend less money. That’s not just true of people impacted by those economic conditions. It can also be people simply worried about potential bad times or economic struggles who preemptively spend money more carefully.

Inflation or other economic woes might cause people to cut the cord with cable, cut back on eating out, and of course, take fewer vacations. That means that the ongoing economic strife, should it continue, should hurt Caesars Entertainment (CZR) – Get Caesars Entertainment Inc Report and rivals MGM Resorts International (MGM) – Get MGM Resorts International Report, and Wynn Resorts (WYNN) – Get Wynn Resorts, Limited Report.

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