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Gaming Stocks Sector Close-Up; Investors Betting on Gaming Stocks See Gains; (NYQ: LVS), (NYQ: MGM), (NMS: PENN), (NMS: WYNN)

Category: Investment, Gaming Stocks

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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.

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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

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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.

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For Additional Information:

Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com

Source - Investorideas.com, GamingIndustryStocks.com

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