Seeking Alpha

Casino stocks trade higher after Zynga files initial paperwork to enter the real money gambling...

Casino stocks trade higher after Zynga files initial paperwork to enter the real money gambling game. Traders may be betting that the entry of a well-known tech company into the mix could increase the chances politicians in DC may have to take up the issue of regulating the industry. Advancers: LVS +1.1%, MGM +4.1%, WYNN +1.4%.
Comments (3)
  • $BJK etf pick for 2013, Long.
    6 Dec 2012, 10:06 AM Reply Like
  • MGM is trading higher because they just announced a massive refi. The US online poker market is not that material for these names
    6 Dec 2012, 11:01 AM Reply Like
  • Yeah Clark is right, has nothing to do with Zynga.
    6 Dec 2012, 11:18 AM Reply Like
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