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Some of the best stocks over the past quarter have been in the gaming industry. This includes the likes of Boyd Gaming and Scientific Games. In reality, the majority of gambling stocks have quietly outperformed the broader market over the past year or so, with the Dow Jones Gambling Index outperforming the S&P 500 by nearly forty percentage points over the past twelve months.

Source: YCharts

Isle of Capri Casinos (ISLE) appears to be another great pick in the industry. This niche operator owns and operates 16 gaming facilities in Louisiana, Mississippi, Missouri, Iowa, Colorado and Florida. Its properties have over 13,900 slot machines and over 340 table games, over 2,370...

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