New Jersey Risk to Gambling Stocks?

Excerpt from today's One Page Annotated Wall Street Journal Summary (which you can get emailed to you every morning by signing up here):

Government Shutdown In New Jersey Continues

• Summary: New Jersey Governor Jon Cozine and state legislators failed to reach a compromise budget plan on Sunday. As a result, the head of the Casino Control Commission ordered gaming in Atlantic City to stop at 8am Wednesday. The casinos are challenging the decision in an appeals court, but it's not clear when a ruling will be issued. Mr Corzine wants to increase the state's sales tax from 6% to 7% to help reduce the $4.5 billion budget deficit.
• Comment on related stocks/ETFs: Not clear what, if any, impact there would be on the gambling stocks if the Atlantic City casinos are closed. MGM Mirage (MGM) is an investor in the Borgata and the Tropicana is owned by Aztar (AZR), which is being acquired by privately-held Columbia Sussex.

Update: A Deutsche Bank research note (via MarketWatch) also names Boyd Gaming (BYD), Hurrah's Entertainment (HET) and Hilton Hotels (HLT) as potentially affected by the Atlantic City casino shut down, and estimates that a four to five day closure would reduce Boyd Gaming's EPS by a penny. Boyd Gaming owns the Borgota casino.

Full disclosure: author David Jackson is short HLT at the time of writing, and may cover the position at any time without notice.