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Casino News:

  Mixed stock performance results of the week

The companies at Las Vegas by and large exhibited rising stocks besides the broader market in the current week. The shareholders expected initiation of new economically motivating dealings by the Federal Reserve notwithstanding a substandard national jobs report on Friday.

Full House Resorts came up as the leading gainer on the Stock list with a 12% rise by closing at $3.03 on Friday. It is completing its operations of sponsorship process for acquisition of Silver Slipper casino worth $70 million in Bay St. Louis, Mississippi. The casino provides services to the New Orleans metropolitan area and the Southern Louisiana and Southwest Mississippi area. There are around 26 table games, 3 restaurants, 1,000 slot machines, a poker room and two bars under the possession of casino.

Due to low amount of loan and operations in Macau, the casino-resort operator is gaining constantly. However, there was a little fall of 0.4% in its stocks as compared to last week, which closed at $102.74 this week.

Any important declaration related to the company was not made this week while Steve Wynn came to limelight due to an insulting legal complaint in opposition to Joe Francis, the originator of Girls Gone Wild. Kazuo Okada, the rebellion member of Wynn board constantly went on disturbing the company.


   2012-09-12






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