iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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Money-Hungry Politicians Help Casino Industry Get out of Holding Cell

Virtually the entire casino and gaming sector, including the slot-machne makers (BYI IGT WMS) I discussed late last week, are now showing signs of life. We know that the major players like LVS MGM WYNN will always be on everyone’s radar, in addition to other trader favorites like BYD and even MPEL in Macau.

Beyond those names, with New Jersey Governor Chris Christie saying he’d be willing to allow online gambling if certain conditions were met, I am seeing plenty of regional casino operators perhaps out in front of even more legislation across the country.

As examples, consider the following three weekly charts.

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