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The decrease of U.S. Casino stocks due to mass shooting in Las Vegas

Cindy Natasha

The stocks of Las Vegas casino fell because of the gunman that did the mass shooting from the 32nd floor of Mandalay Bay Hotel to the outdoor music festival on the Las Vegas Strip this Sunday that killed at least 50 people and injured more than 400 people.

  Source : https://www.apnews.com/

The shares of Las Vegas Casino decreases until 5 percent on Monday after this accident occurred. Not only that, the shares of Mandalay Bay hotel also decreases. The owner of this hotel tweeted their condolences and prayers for the victims on that tragic event.

The area of the music festival was filled with around 22.000 people. It created a chaotic situation in that area and panicked the people in the scene. People were trampling one another and some people have blood in their clothes. Those more than 400 people that were injured taken to the hospitals.

The mass shooter was identified by the police as area resident Stephen Paddock, 64. The police is still finding out the motive behind this mass shooting. Paddock or the shooter, shot himself before the police came to the hotel room. Paddock was not alone.The police identified a woman of interest name Marilou Danley that was described as the shooter companion in that room. There were 10 riffles found in that room.


Sources : AP News, Reuters, The New York Times 
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