Gaming stocks plummeted today, especially the companies with large presence in Las Vegas. Not sure what that means. I see no financial reports that were worse than expected as everything was expected to be bad. I am wondering if this is a reflection that casino re-opening might not be coming as soon as expected and the extended rebound might not be as optimistic as originally thought with these occupancy restrictions.

In unrelated news, Hard Rock International, re-purchased the rights to the Hard Rock brand and trademarks, including restaurant names that it has sold just 2 years ago when they decided to pull put of Las Vegas. This raises speculation that at some point they intend to return to the Las Vegas Market, possibly purchasing a strip location at some point in the future.