The best casino industries

The beginning of 2010 has seen an excellent response from certain quarters in the casino industry. Wynn Resorts Ltd. and Las Vegas Sands Corp., two leading companies have shown strong hikes in the prices of their stocks.

Wynn started the new year trading at $ 58.23 per share, but at the end of the day the shares were valued at $ 63.96 unit, an increase of 9.84%. LVS, meanwhile, began the year with a quote of $ 14.94, and at day’s end stood at $ 16.62 (a rise of 11.24 percent).

At the same time, both companies have received the latest reports made in Macau by analysts at Citigroup and UBS Securities. China Sands Ltd. (SCL), the subsidiary operating in Hong Kong, has achieved excellent profits over the last few months (according to reports).

The contribution of SCL saw a rise of over 6 percent, before closing with an improvement of 5.1 per cent at the end of the day.

In U.S. trading, Wynn’s popularity is probably an effect of the comments made by analyst Robin Farley, who spoke to the shares of the company positively, urging the purchase.

Farley showed that stocks had fallen almost 11 percent during the past month, but this had not produced large differences in the final accounts of 2009, which ended with a gain of $ 14.5 billion.

Melco Crown Entertainment Ltd. and MGM Mirage Inc., on the other hand, also saw increases of 6.55% and 6.69% respectively. His actions at the end of last week were located at $ 3.58 and $ 9.73.

Other companies that showed improvements in their contributions during the last days are Bally Technologies Inc., who ended the day with shares at $ 43.47 (an increase of $ 2.18), and Churchill Downs Inc., who came to contribute $ 38.57 (a rise of $ 1.22).

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