Hotel/gaming industry

Article Abstract:

Hotel and gaming stocks have not done well in 1998 with renovations and new construction adding to the supply of available rooms in the lodging sector and volatility in the casino gambling segment. Consolidation is increasing among casinos, as well, due to a number of factors, but Atlantic City, NJ, and Las Vegas, NV, remain industry centers. These stocks are not timely, but risk-tolerant, long-term investors could find some issues appealing.

Author: Schwartzman, Todd A., Rho, George, Mitkowski, Robert, Jr., Sharav, Ben, Vidal, Oscar L.

Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998

Electronic computers, Electronic Computer Manufacturing, Computer Betting Systems, Online gambling

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Hotel/gaming industry

Article Abstract:

Stock prices for the hotel and gaming industry have declined in 1998, but recent elections in several states will help some casinos. Many believe that earnings and stock price growth will best be aided by expansion, especially in Las Vegas, NV, and merger and spinoff activity has increased in the industry, as well. These stocks are not timely in late 1998, but several are attractive for some investors.

Author: Schwartzman, Todd A., Rho, George, Mitkowski, Robert, Jr., Sharav, Ben, Vidal, Oscar L.

Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998

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Subjects list: Finance, Hotels and motels, Gambling industry, Mirage Resorts Inc., Casinos, Anchor Gaming, Aztar Corp., Harrah's Entertainment Inc., Hilton Hotels Corp., International Game Technology Inc., Jackpot Enterprises Inc., MGM Grand Hotel Inc., Marcus Corp., Marriott International Inc., Station Casinos Inc., SLOT, AZR, HET, HLT, IGT, J, MCS, MAR, MIR, STCI, Circus Circus Enterprises Inc., Rio Hotel & Casino Inc., CIR, RHC

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Abstracts

Business, general

Hotel/gaming industry

Hotel/gaming industry