Casinos & Gaming
Casinos & Gaming is losing market weight. Lost weight for 1 consecutive month.
Most of this industry's losses came from a few companies.
Where did the weight change come from?
12-month contribution in universe percentage points · contributions add to the industry change
The three largest same-direction contributors explain 100% of gross losses. Opposing contributions can make an individual company’s change larger than the industry’s net change.
How has it moved through history?
Share of matched S&P 500 members
Jan 2018 – Jan 2021 · market weight (%)
Relative performance
Industry return versus ACWI · no future data shown
Is participation broad or concentrated?
Actual constituent counts at this date, not the legacy synthetic breadth proxy
This is size concentration, not contribution to the 12-month change. The attribution above measures the latter.
Evidence can disagree
Independent dimensions · no combined score or bullish/bearish verdict
Other evidence and availability
Valuation data: unavailable; shown as zero placeholder.
Attention data: unavailable; shown as zero placeholder.
Actual fund flows: unavailable. No ETF, mutual-fund or institutional flow feed is connected.
Volume / turnover: unavailable in this dataset.
Follow the contribution to individual companies
Sorted by absolute 12-month weight contribution, not investment merit
| Company | Sub-industry | Country | Universe weight | 12M contribution | 12M price return | Revisions |
|---|---|---|---|---|---|---|
| Las Vegas Sands → LVS | Casinos & Gaming | United States | 0.088% | -0.159 pp | -24.9% | 0.0 |
| MGM Resorts → MGM | Casinos & Gaming | United States | 0.034% | -0.045 pp | -7.3% | 0.0 |
| Wynn Resorts → WYNN | Casinos & Gaming | United States | 0.026% | -0.041 pp | -20.4% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Jan 2021 | 0.147% | -0.149 pp | -0.111 pp | +0.147 pp | -0.246 pp | -32.5% |
| Dec 2020 | 0.297% | +0.010 pp | +0.296 pp | +0.296 pp | -0.121 pp | -23.9% |
| Nov 2020 | 0.286% | +0.027 pp | +0.286 pp | +0.286 pp | -0.105 pp | -21.8% |
| Oct 2020 | 0.259% | +0.259 pp | +0.259 pp | -0.044 pp | -0.134 pp | -28.3% |
| Sep 2020 | 0.000% | -0.000 pp | -0.000 pp | +0.000 pp | -0.139 pp | -27.9% |
| Aug 2020 | 0.000% | +0.000 pp | -0.000 pp | +0.000 pp | -0.144 pp | -25.9% |
| Jul 2020 | 0.000% | -0.000 pp | -0.303 pp | -0.393 pp | -0.160 pp | -40.2% |
| Jun 2020 | 0.000% | -0.000 pp | +0.000 pp | -0.417 pp | -0.154 pp | -31.2% |
| May 2020 | 0.000% | -0.303 pp | +0.000 pp | -0.391 pp | -0.145 pp | -18.7% |
| Apr 2020 | 0.303% | +0.303 pp | -0.090 pp | -0.090 pp | +0.137 pp | -23.7% |
| Mar 2020 | 0.000% | -0.000 pp | -0.417 pp | -0.139 pp | -0.153 pp | -24.9% |
| Feb 2020 | 0.000% | -0.393 pp | -0.391 pp | -0.144 pp | -0.162 pp | -8.3% |
| Jan 2020 | 0.393% | -0.024 pp | +0.000 pp | +0.233 pp | +0.298 pp | -7.7% |
| Dec 2019 | 0.417% | +0.026 pp | +0.278 pp | +0.263 pp | +0.333 pp | +10.3% |
| Nov 2019 | 0.391% | -0.002 pp | +0.247 pp | +0.246 pp | +0.304 pp | +0.6% |
| Oct 2019 | 0.393% | +0.254 pp | +0.233 pp | +0.227 pp | +0.307 pp | +2.7% |
| Sep 2019 | 0.139% | -0.005 pp | -0.016 pp | -0.014 pp | +0.047 pp | -6.3% |
| Aug 2019 | 0.144% | -0.016 pp | -0.001 pp | -0.018 pp | +0.042 pp | -12.4% |
| Jul 2019 | 0.160% | +0.006 pp | -0.006 pp | +0.065 pp | -0.047 pp | -13.9% |
| Jun 2019 | 0.155% | +0.010 pp | +0.002 pp | +0.071 pp | -0.054 pp | -17.5% |
| May 2019 | 0.145% | -0.021 pp | -0.017 pp | +0.058 pp | -0.090 pp | -32.2% |
| Apr 2019 | 0.166% | +0.013 pp | +0.071 pp | +0.081 pp | -0.061 pp | -22.0% |
| Mar 2019 | 0.153% | -0.009 pp | +0.069 pp | +0.061 pp | -0.084 pp | -31.4% |
| Feb 2019 | 0.162% | +0.067 pp | +0.075 pp | +0.060 pp | -0.057 pp | -21.7% |
| Jan 2019 | 0.095% | +0.011 pp | +0.010 pp | -0.112 pp | -0.119 pp | -15.4% |
| Dec 2018 | 0.084% | -0.003 pp | -0.008 pp | -0.124 pp | -0.131 pp | -25.6% |
| Nov 2018 | 0.087% | +0.001 pp | -0.016 pp | -0.149 pp | -0.128 pp | -23.6% |
| Oct 2018 | 0.086% | -0.006 pp | -0.122 pp | -0.142 pp | -0.129 pp | -25.9% |
| Sep 2018 | 0.092% | -0.011 pp | -0.116 pp | -0.145 pp | -0.123 pp | -21.8% |
| Aug 2018 | 0.102% | -0.105 pp | -0.133 pp | -0.117 pp | -0.112 pp | -13.6% |
| Jul 2018 | 0.208% | -0.001 pp | -0.020 pp | -0.007 pp | -0.007 pp | -4.3% |
| Jun 2018 | 0.208% | -0.027 pp | -0.029 pp | -0.006 pp | -0.006 pp | -4.8% |
| May 2018 | 0.235% | +0.008 pp | +0.016 pp | +0.021 pp | +0.021 pp | +6.8% |
| Apr 2018 | 0.227% | -0.010 pp | +0.012 pp | +0.012 pp | +0.012 pp | +4.1% |
| Mar 2018 | 0.237% | +0.017 pp | +0.022 pp | +0.022 pp | +0.022 pp | +9.2% |
| Feb 2018 | 0.220% | +0.005 pp | +0.005 pp | +0.005 pp | +0.005 pp | +1.9% |
| Jan 2018 | 0.215% | +0.000 pp | +0.000 pp | +0.000 pp | +0.000 pp | +0.0% |
How are these descriptive states defined?
Gaining / losing: 12-month weight change above +0.005pp / below −0.005pp. Direction and speed are separate dimensions, not mutually exclusive recommendations.
Accelerating / slowing: compare the most recent 3M change with the preceding 3M change. Accelerating means a positive change speeds up by >0.02pp. Slowing means the magnitude of movement declines by >0.02pp. A falling industry can also slow.
Reversing: the last two 3M changes have opposite signs, outside a ±0.005pp tolerance. Persistence counts consecutive same-direction monthly changes.
Broad / concentrated: company attribution, not a market-cap concentration shortcut. Concentrated means the three largest same-direction contributors account for ≥70% of gross same-direction changes; otherwise broad requires ≥60% of constituents moving with the industry. Other cases are mixed.
Weights use matched S&P 500 members’ market-cap estimates, based on SEC-reported shares available by each month-end and monthly closing prices. Companies without a matched price or share record are omitted, so the denominator is the matched sample rather than every index member. These are not official float-adjusted S&P weights. Flow is not measured.