Wednesday, April 13, 2011

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:
http://www.gamingindustrystocks.com/GIS/Stock_List.asp
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%
* http://online.wsj.com/article/SB10001424052748703730104576260582978118002.html?mod=yahoo_hs
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:
www.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. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source - Investorideas.com, GamingIndustryStocks.com

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