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Casino Stocks: a Good Gamble on the Stock Market?
You may win more money with casino stocks than you do at the casinos!

by Paul Ace Diamond "Huggy" Blow





If you like to gamble at casinos you may actually make more money by gambling in the stock market with casino stocks. Let's face facts: investing in the stock market is a gamble, but there are some casino stocks trading on the stock market that may be good investments, and some even pay dividends. Casino companies own and operate casinos, hotels, and resorts and usually are structured as corporations with investment stocks you can buy and sell on the New York Stock Exchange. These include Vail Resorts (MTN), Marriot Vacations Worldwide (VAC), Melco Crown Entertainment Ltd (MPEL), and MGM Resorts (MGM), but the top three casino stocks to buy in 2017 seem to be Wynn Resorts (WYNN), Las Vegas Sands (LVS), and Melco Resorts (MLCO).

WYNN RESORTS stocks (WYNN)
The Wynn Resorts own and operate the Wynn and the Encore in Las Vegas, along with the Wynn Macou in China which is modeled after the Wynn in Vegas. The Wynn stock is currently riding around $95-$100 per share and has promise to rise with the new property in Macou. The Wynn stocks in 2014 peaked at $244 a share, then dove to $57 per share in January of 2016, but since then have risen to the current $95-$100 level. Wynn stocks pay a dividend of 2% (or around $2 a share). With the dividends and the promising Macou gambling market, Wynn stocks are a good bet on the stock market.

LAS VEGAS SANDS stocks (LVS)
Las Vegas Sands (LVS) -- the world's largest casino owner -- is a corporation that owns and operates the Palazzo and the Venetian casinos on the Las Vegas Strip, along with the Sands Expo convention center in Las Vegas and in China owns and operates the Sands Macao, the Venetian Macao, the Palazzo Macao, and the Sands Cotai Central. Stocks for Las Vegas Sands have been remaining steady in the $50 range for quite some time, but the beauty of Las Vegas Sands stocks is they pay a 5.3% dividend (or about $2.50 per share). If you are looking for a long term investment with generous dividends, Las Vegas Sands is a good investment, with the possibility of higher earnings in the near future with the growing Chinese gambling market.

MELCO RESORTS stocks (MLCO)
Melco Resorts (MLCO) is a corporation located in Hong Kong that owns and operates casinos and resorts in Hong Kong, the Philippines, and Macao. Melco, along with the Wynn, gets a lot of the VIP gambling action in Macao and thus has been doing very well. MELCO stocks are the best bargain of the bunch, currently priced in the $20-22 range, making it a favorite for small investors. MELCO also offers a dividend, although it is quite small at about 9 cents per share.

All in all, casino stocks can be a good bet in the stock market. Let's face facts -- casinos make money (that's what they do), and as long as there are gamblers, they will continue to make money. Casino stocks may not give you large returns on your investment, but with the expanding world-wide casino markets and the dividends can be a good long term investment. If you like to gamble in the casinos, gambling in the stock market with casino stocks may be the better bet!

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