Gambling stocks see January hike; gauge outpaces greater indexes - 2004-01-31
January was a successful month for gaming stocks, with the average worth of casino shares up over 50 percent from a year earlier. The gain was also more than double that of the broader market indexes.
Deutsche Bank analyst Marc Falcone stated that the continued strength of the Las Vegas market drove the stock increase, with Station Casinos shares alone rising 10 percent in price Thursday following a very favorable earnings report.
Read the full story at Las Vegas Review Journal