I made my own casino related stock index a few years ago when a standard one wasn't available. The symbols on it include all stocks that are remotely related to gambling and some trade very thinly. the symbols are :AGI, AGY, ASCA,AZR, BYD, CZR, DDE, GPIC, GPTX, GTK, HET, IGT, ISLE, LACO, LVS (NOT TRADING YET - WILL BE LAS VEGAS SANDS), MBG, MGG, MGAM, MIKN,MNTG, PENN, RIV, SHFL, STN, TACT, UBET, WGA, WMS, WYNN.
As a side note remember when we first decided to have our convnetion at the Riviera? The stock was trading at $3.75 and Trump was rumored to be interested in a piece. I did some research and you could have bought all of the stock in RIV (including the Colorado casino) for $20 million. That stock is now selling for $36. A nice ten fold return in a year or so. And probably still a steal for the properties involved.
|