Traders Look For Trades as Nevada Approves Tentatively Approves First Online Gaming License

Article Stock Quotes (4) Comments (0)

Traders are chatting about interesting development in the gaming sector Thursday. According to CBS Last Vegas, the Nevada's Gaming Control Board gave tentative approval to The South Point Hotel Casino to operate online poker sites within the state's borders.

The South Point was the first casino to apply and could be the first to get an interactive gaming license when the Nevada Gaming Commission meets August 23rd.

This could have implications for MGM Resorts (NYSE: MGM), Las Vegas Sands (NYSE: LVS), Wynn (Nasdaq: WYNN), Caesars Entertainment (NYSE: CZR) and others. In addition, in the past Zynga (Nasdaq: ZYNA) was rumored to get involved with online poker.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• J.P. Morgan (JPM) CEO Dimon Might Have Enough Votes to Stay Chairman - NY Times
• Vivus (VVUS) Sees Upside on Icahn Connection
• Tesla (TSLA) Pushes Back Into Positive Territory on DOE Loan Repayment

Create E-mail Alert Related Categories

Trader Talk

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?