1:25pm (EST) Casino stocks are getting another pop and I wanted to update a trade that profiled back in June. This trade was from June and was before our “official” launch so many of you new subscribers have not seen this one. DO NOT take this update as a newRead more
Casino Stocks Continue Momentum
More Bad News For Casino Stocks
Casino Stocks Continue Higher
The casino stocks powered higher again on Friday and are showing some good momentum right now. Wynn Resorts (WYNN, $60.40, up $13.90) kept the ball rolling by announcing good 3Q results despite lousy Las Vegas revenues. The company reported a profit of $51 million, or $0.49/ share, up from $45Read more
Casino Stocks Make Big Moves
It was only a matter of time before the casino stocks got a lift. The sector has taken a beating as consumers continue to cut back on everything as the ongoing housing downturn, diminishing credit, rising food costs and recession worries continue. Gambling was taking a back seat to allRead more