If you are a person who loves to gamble consider buying casino and gaming industry stocks. As you know the “House” always wins. Some of the stocks are healthy investments because there is real estate and other merchandise involved. Instead of feeding your quarters into a machine think about investing in the company.
MGM Mirage has a huge presence in the casino, hotel and entertainment industry in Las Vegas. It also has hotels and casinos in Michigan, Mississippi, and Macau S.A.R. Recently MGM Mirage signed a long term strategic relationship agreement with Dubai World. The company is traded on the New York Stock Exchange under the ticker MGM. The stock sells in the price range of $83.
Boyd Gaming Corp. may not be familiar to you, but the company has a large presence in Las Vegas. It owns and operates 11 properties in and around Las Vegas. It also acquired Coast Casinos in Louisiana and is a wholly owned subsidiary of Boyd Gaming Corp. The stock is sold on the New York Stock Exchange under the ticker BYD. The price is in the $40 range per share. Boyd Gaming Corp. is expected to make steady gains over the next three years.
WPT Enterprises, Inc is a company you may know what it produces but not necessarily that much about the company. WPT Enterprises, Inc produces the World Poker Tour and owns the rights to television broadcasting and products branded under the WPT Enterprises Inc name. It is a joint venture between some notables in the gaming industry and Lakes Entertainment Inc. It is a wholly owned subsidiary of Lakes Entertainment. WPT Enterprises, Inc. is traded on the NASDAQ exchange under the stock ticker WPTE. The stock sells in the $3.50 per share range, but who knows it may be a sure fire bet in the long term. There is a great deal of public interest in the World Poker Tour.
