BullMarket.com Updates Outlooks on Casino Stocks

Jun 01, 2010, 10:07 ET from Indie Research Advisors, LLC

PRINCETON, N.J., June 1 /PRNewswire/ -- BullMarket.com (http://www.bullmarket.com), an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with coverage of several casino stocks, including Las Vegas Sands Partners (NYSE: LVS), Wynn Resorts (Nasdaq: WYNN), MGM Mirage (NYSE: MGM), Boyd Gaming (NYSE: BYD), Penn National (Nasdaq: PENN), and Pinnacle Entertainment (NYSE: PNK).

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In its daily report, BullMarket.com wrote: "Niska owns or contracts for approximately 185.0 billion cubic feet (Bcf) of total working gas capacity. It owns the AECO Hub, which is comprised of two facilities in Alberta, Canada and has approximately 134.5 Bcf of working gas storage capacity. Average prices at the AECO Hub are a frequently quoted benchmark for Canadian gas producers.

"It has been a tough year-plus for the casino industry, but industry executives are convinced that visitors will return to Las Vegas and business will pick up in the second half of 2010. MGM Mirage, for one, certainly hopes that is true as it spent billions to develop the glitzy City Center, which combines a hotel and casino with retail, residential, and commercial space. It and other casino operators need a stronger economy to lure gamblers back to the desert casinos.

"MGM Mirage owns and operates 15 properties in Nevada, Mississippi, and Michigan and has 50% interests in properties in Atlantic City, Illinois, and Macau. City Center was developed with Dubai World, the investment arm of the Dubai government."

BullMarket.com looked at the following topics, among others:

-- In April 2009, BullMarket.com said that Las Vegas Sands had several potential catalysts that made it look like a good speculative bet. What are BullMarket.com's latest thoughts on the stock now that it has risen over 500%?

-- Does Wynn look like it can continue to ride Macau to continued success?

-- Which casino stock looks better positioned in the regional markets, Penn Gaming or Pinnacle?

-- After hedge fund manager John Paulson made bets on Boyd Gaming and MGM last quarter, should investors follow suit?

About BullMarket.com:

Launched in 1997, BullMarket.com has a strong track record of creating wealth for its subscribers by providing sound, long-term investing advice. The BullMarket.com Recommended List includes about 50 companies across all major industries, including Financials, Healthcare, Energy, Technology, and Retail, among others. BullMarket.com is one of the oldest continuously published investment newsletters online, and its Recommended List has consistently outperformed the major market indices.

NOTE: This release was published by Indie Research Advisors, LLC, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.


Indie Research Advisors, LLC

Marcie Martin, +1-888-278-5515

SOURCE Indie Research Advisors, LLC