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Casino Gaming Stock : The Most Volatile Industry

Casinos & Gaming Stock Are Volatile

Visitors to CasinoGamingStock.net won't find more daily updated news about publicly traded casino gaming companies anywhere else on the web.

Major companies in the industry go through major stock price adjustments on a regular basis. New laws are passed in different states, or countries which can set stock prices reeling. New casinos or companies open their doors increasing competition. Major investors buy in and bail out throughout the year. For these reasons, and many more, the casino gaming sector is the most volatile in the market.

With all this in mind we have created a news site specifically for traders who follow this particular industry closely. News about casino gaming companies can be found all over the web, but there has never been one place for traders to get all of there casino gaming news, until now. Our writers' aim is to keep our visitors up to date with the latest news about each company in the industry. We also allow commenting so traders can discuss the effects of each news item.

Please visit a trusted source if you are looking for online casino news. Or visit a trusted online casino reviews site if that is what you are looking for. We specialize only in news about publicly traded casino gaming companies.


Latest Casino Gaming Stock News


Penn Reaches Deal To Purchase Beulah Park

Penn National Gaming put rumors to rest this week when they announced the pending purchase of Beulah Park.

Isle Of Capri Seeks Take Over Of Jai-Alai Facility

Isle of Capri Casinos is seeking to take control of Florida Gaming’s Fort Pierce Jai-Alai after the company defaulted on a $3 million loan last year.

MGM Offers Senior Secured Notes

Casino operator MGM Mirage has announced that under the terms of the credit amendment entered into last month, they will begin offering up to $845 million in aggregate principal amount of its 9% senior secured notes due 2020 in a private placement.

Sands Makes Casino Proposal To Florida Legislatures

Executives from Las Vegas Sands is scheduled to introduce a proposal to Florida Legislatures today to bring Vegas style casinos to the state and add competition to the gaming monopoly now controlled by the Seminole Tribe.

Wynn Lures Professionals Back To Vegas

Wynn Resorts has announced that they will host a 3 day workshop to help lure meetings and conventions back to Las Vegas.

Penn Rumored To Be Settling Suit With Ohio Racetrack

Rumors began surfacing this week that Penn National Gaming may be close to finalizing a deal to purchase the Beulah Park horse racing track in Ohio and settle a pending court battle.

Sands’ Launches Sale of Four Seasons Macau

Las Vegas Sands has settled a dispute with the Macau Government to launch the sale of the Four Seasons apartment hotel tower on the Cotai Strip.

Pinnacle Welcomes Its First Guest To River City

Pinnacle Entertainment has opened the River City Casino Complex in the St. Louis metropolitan area of Lemay on March 4th.

MGM Ready For Hong Kong IPO

MGM Mirage will follow rival gaming companies Wynn Resorts and Las Vegas Sands onto the Hong Kong Stock Exchange later this year.

Wynn Has Less Than 8 Weeks To Woo PA

The Pennsylvania Gaming Control Board was not sold on the vague plans provided by Steve Wynn Chairman of Wynn Resorts to rescue the financially troubled Mashantucket Pequot Tribal Nation.

Pennsylvania Lawmakers Table Resolution Following Sands Announcement

Bethlehem, Pennsylvania City Council members decided to table a resolution urging Las Vegas Sands to complete the stalled hotel, mall and events center in a 5-2 vote yesterday after plans were announced to resume construction.

IGT Announces Dividend Payment Despite Revenue Drop

International Game Technologies has announced that its Board of Directors has authorized a quarterly dividend payment of $0.06 per share to shareholders on record as of March 16, 2010, payable on April 9, 2010.

Sneak Peak Of Pinnacle’s River City Casino Calms Analysts Concerns

Pinnacle Entertainment allowed select VIP’s and Wall Street analyst a sneak peak of the $380 million River City Casino in St. Louis prior to tomorrow’s grand opening event.

Pinnacle Wins Appeal On The President Casino

The Missouri Court of Appeals reversed the Missouri Gaming Commission’s decision preventing Pinnacle Entertainment from repairing, replacing and or temporarily relocating the aging riverboat to make repairs to the hull, without surrendering its gaming license.

Cryptologic Has Cautious Optimism For 2010

CryptoLogic Ltd, an Internet casino and branded gaming software company reported a narrower fourth quarter loss contributed to lower expenses.

Boyd Gaming Narrows Loss For The Fourth Quarter

Casino operator Boyd Gaming Corp. continues to see revenue drop, but was able to report a narrower loss due to prior year write-downs.

Sands Denied Rumors of Potential Sale Of PA Casino

Las Vegas Sands Corp has denied rumors of recent reports that the gaming company planned to sell the Sands Casino resort Bethlehem in Pennsylvania.

Sands Seeks Buyer For Pennsylvania Casino

A Pennsylvania newspaper reported that an undisclosed source with knowledge of high level discussions, reported that Las Vegas Sands Corp is seeking a buyer for its Bethlehem casino.

Monarch Casino Posted Fourth Quarter 2009 Revenue

Monarch Casino & Resorts Inc released financials today for a busy fourth quarter 2009 reporting revenue down 3% to $31.9 million.

Campaign Efforts Underway To Move Penn Casino

Efforts are underway to convince Ohio voters to approve the ballot measure to allow Penn National Gaming to move their casino from the Columbus Arena District to the west side.