Gaming Stocks Sector Close- Up; Investors Betting on Gaming Stocks See Gains; (NYQ: LVS), (NYQ: MGM) , (NMS: PENN), (NMS: WYNN)
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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
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Nasdaq 2,768.35 +23.56 +0.86%
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10 Yr Bond(%) 3.52% +0.02
Oil 107.16 +0.91 +0.86%
Gold 1,457.80 +4.90 +0.34%
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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.
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Source – Investorideas.com, GamingIndustryStocks.com
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