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10 Best Las Vegas Stocks to Buy Now - Insider Monkey


10 Best Las Vegas Stocks to Buy Now
The casino and gambling industry had suffered under COVID-19 as social distancing, remote working, and the suspension of commercial activities forced luxury resorts and gaming establishments to close their doors for business in early 2020. However, at the turn of the year, the economy seemed to be reopening, and there was a flurry of activity as the vaccine rollout allowed Las Vegas to welcome back tourists in limited numbers once again. On April 29, the Mississippi government even removed mask requirements for people at casinos. 
The industry, which stood at $470 billion in 2020, is expected to grow to $520 billion this year at a compound annual growth rate of close to 11%. Major players in the industry are expected to lead this growth. MGM Resorts International (NYSE: MGM), one of the largest gaming companies in Las Vegas, reported quarterly revenues of $1.65 billion earlier this month, beating market estimates by $80 million. MGM Res ....

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Interview with the Chief Operating Officer: Monarch Casino & Resort Inc. (NASDAQ:MCRI)


Interview with the Chief Operating Officer: Monarch Casino & Resort Inc. (NASDAQ:MCRI)
David Farahi has been Chief Operating Officer at Monarch Casino & Resort since April of 2012. Mr. Farahi most recently held the positions of Executive Director of Gaming Operations and Director of Investor Relations for Monarch. Mr. Farahi began his gaming and hospitality career in 1998. He has extensive experience in over a dozen positions at Atlantis Casino Resort Spa. From 2004 to 2006, Mr. Farahi held finance positions with HSBC Bank plc in their New York, London and Geneva offices, in both the investment and private banking divisions. Mr. Farahi is currently serving in his second term as the President of the Colorado Gaming Association. Mr. Farahi received an MBA from Columbia Business School with concentrations in both real estate and finance, and a B.A. degree in economics and international studies from Northwestern University. Profile ....

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