A New Reason to Bet on Casino Stocks
The following video is from Friday's Motley Fool Money roundtable discussion, in which host Chris Hill, along with analysts Jason Moser, Ron Gross, and Charly Travers discuss the week's biggest investing news.
New Jersey became the biggest state yet to allow regulated online gambling. The new law allows casinos in Atlantic City to run websites that take bets on poker, blackjack, and slots. Gambling stocks were up on the news. Will casino operators like Caesars Entertainment be the big winners? What does the news mean for social network gaming sites like Zynga ? In this installment of Motley Fool Money, our analysts discuss the implications for gambling stocks.
Zynga's post-IPO performance has been dreadful, and investors are beginning to wonder if it's "game over" for this newly public company. Being so closely tied to the world's largest social network can be a blessing and a curse. You can learn everything you need to know about Zynga, and whether it's a buy or a sell, in our new premium research report. Don't even think about picking up shares before you read what our top analysts have to say about Zynga. Click here to access your copy.
The relevant video segment can be found between 4:00 and 6:36.
The article A New Reason to Bet on Casino Stocks originally appeared on Fool.com.Charly Travers has no position in any stocks mentioned. Ron Gross has no position in any stocks mentioned. Chris Hill has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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