Casino, Slot Manufacturer Stocks Increase - 2004-03-24 Investors ruled to take a chance on casino stocks Wednesday, as analysts indicated positive trends in Las Vegas and increased earnings estimates on some names in the group.
He added in his Tuesday memo that demand should propel casino play and lead to an 8 percent to 10 percent first-quarter rise in revenue for each available room at Las Vegas Strip hotels.
Slot machines and gambling equipment companies including Alliance Gaming Corp., WMS Industries Inc. and International Game Technology could also see an advantage from market expansion. Read the full story at KOLO
Holder to investigate casino license ruling - 2004-03-24 Gov. Rod Blagojevich revealed Wednesday he has selected a previous deputy U.S. attorney general to probe into whether Rosemont is an appropriate site for the state's 10th casino license.
Eric Holder Jr. also will review the bankrupt Emerald Casino, which is selling its license to Mississippi-based Isle of Capri Casinos Inc., Blagojevich stated. Read the full story at Chicago Sun-Times
