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Casino stocks trade sluggishly as Zynga's push into real-money gaming in the U.K. appears to...

Casino stocks trade sluggishly as Zynga's push into real-money gaming in the U.K. appears to make it a more formidable threat to the sector. Though nearly all the brick-and-mortar gaming companies are involved in extensive planning for the expected opening up of online gambling in the U.S., pure Internet companies are still set to have lower cost structures and the ability to move more nimbly. Sector watch: Caesers Entertainment (CZR) -2.5%, Las Vegas Sands (LVS) -2.3%, Boyd Gaming (BYD) -2.2%, Wynn Resorts (WYNN) -2.1%, MGM Resorts (MGM) -2%, Penn National Gaming (PENN) -1.4%.
Comments (2)
  • CZR 'World Series of Poker' is going to become the standard brand.
    3 Apr 2013, 11:01 AM Reply Like
  • I don't believe that pure Internet companies will have lower cost structures than any other entity on a gaming site. In fact, standardized software from a vendor selling to several on line companies would probably have a lower cost structure by distributing support overhead.
    3 Apr 2013, 12:54 PM Reply Like
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