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www.InvestorIdeas.com is a meeting place for investors and public companies in leading sectors. Find investing ideas, news and research for biotech stocks, tech and mobile stocks, mining stocks, oil and gas, water stocks, renewable energy, beverage stocks, defense stocks, nanotech and more on... More
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  • Gaming Stocks Sector Close- Up; Investors Betting on Gaming Stocks See Gains; (NYQ: LVS), (NYQ: MGM) , (NMS: PENN), (NMS: WYNN) 0 comments
    Apr 13, 2011 11:26 AM | about stocks: IGT, MGM, WYNN, PENN
    Gaming Stocks Sector Close- Up; Investors Betting on Gaming Stocks See Gains; (NYQ: LVS), (NYQ: MGM) , (NMS: PENN), (NMS: WYNN)
     
    POINT ROBERTS, WA, April 13, 2011  – InvestorIdeas.com is a leader in investor stock research by sector, releases a sector snapshot on gaming stocks for April 13, 2011.
    The Wall Street Journal reported M G M MIRAGE (NYQ: MGM) * “ said it reached an agreement with Macau mogul Pansy Ho that will give the U.S. casino operator a majority stake in its Chinese joint venture after the venture's planned initial public offering. A date hasn't yet been set for the offering but is expected in May. The IPO could raise around US$1 billion, a person familiar with the situation said earlier this month.” MGM (NYQ: MGM) was up over 6.8% in morning trading.  
     
    Gaming Stocks Sector Snapshot
     
    International Game Technology (NYSE: IGT ) trading at $15.8, up 0.49 (3.19%) 10:55AM EDT
    Isle of Capri Casinos, Inc. (NMS: ISLE) trading at $9.06, up  0.06 (0.67%) 10:44AM EDT
    LAS VEGAS SANDS CORP (NYQ: LVS) trading at 44.83 1.37 (3.15%) 11:02AM EDT
    M G M MIRAGE (NYQ: MGM)  trading at $13.47, up  0.86 (6.82%) 10:50AM EDT
    Penn National Gaming, Inc (NMS: PENN) trading at $37.09, up 0.35 (0.95%) 11:00AM EDT
    Shuffle Master, Inc.(NasdaqGS: SHFL ) trading at $10.70, up  0.01 (0.09%) 10:52AM EDT
    Wynn Resorts, Limited (NMS: WYNN) trading at $135.32, up 5.18 (3.98%) 10:49AM EDT
     
    For a directory of gaming stocks visit:
     
    Market Snapshot
     
    Dow 12,304.56 +40.98 +0.33% 
    Nasdaq 2,768.35 +23.56 +0.86% 
    S&P 500 1,318.28 +4.12 +0.31% 
    10 Yr Bond(%) 3.52% +0.02 
    Oil 107.16 +0.91 +0.86% 
    Gold 1,457.80 +4.90 +0.34%
     
     
    About InvestorIdeas.com:
    InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
     
    About our Gaming Portal:
     
    GamingIndustryStocks.com, a portal within the InvestorIdeas.com® content umbrella, does not make recommendations, but features industry and stock news, exclusive articles and financial columnists, audio interviews and Podcasts, investor conferences, Blogs, and a directory of stocks in the sector.
    Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. InvestorIdeas.com/About/Disclaimer.asp
     
    For Additional Information:
     
    Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
     
    Source – Investorideas.com, GamingIndustryStocks.com
    Themes: gaming stocks Stocks: IGT, MGM, WYNN, PENN
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