Vegas Stocks Baby, Vegas: MGM, Wynn, Las Vegas Sands

Looking for a reason to go all in on the Las Vegas Sands (NYSE:LVS), MGM Resorts (NYSE:MGM) or Wynn Resorts (NYSE:WYNN)?  We turn to Forbes.com for a few bullish reasons why the big casino stocks may be worth your hard earned dollars using options.

Las Vegas Sands And Other Casino Stocks Worth A Gamble | Jocelynn Drake, 08.16.10 (Forbes.com)

While the market continues to struggle, sin continues to be a hot ticket for investors. In fact, the ISE SINdex (SIN) has rallied steadily from its March 2009 low of 47.98 to gain more than 128%. What's more, the index has closed only one month below the support of its 10-month moving average since April 2009. In this article, I take a closer look at three casino operators that are outperforming the broad market.

Las Vegas Sands  (LVS) is the owner and operator of the Venetian Casino Resort, which it built over the ashes of the bulldozed Sands Hotel, and which brings a touch of Venice to the Las Vegas Strip. Replete with gondoliers and a replica of the Rialto Bridge, the Venetian offers a 120,000-square-foot casino and a 4,000-suite hotel, as well as a shopping, dining, and entertainment complex. Las Vegas Sands also operates the Palazzo Casino next door to the Venetian, and the nearby Sands Expo Center trade show and convention center. In addition to its Vegas holdings, the firm has a handful of properties in China through its Sands China subsidiary.

Continue>>

SOURCE: http://www.forbes.com/2010/08/16/las-vegas-sands-options-mgm-resorts-steve-wynn.html?boxes=Homepagechannels