LNY's Move Into Casinos Looks Appealing

We like Landry's Restaurants' (NYSE: LNY) decision to move into the casino business with today acquisition of the Golden Nugget Casino in Las Vegas. Casinos continue to bring in the dough and sin-city is a powerhouse destination. LNY is currently 10% higher ($31.21), but could see bigger upside over the long-term. We would recommend a name change - how about 'Landry's Crab and Craps House!" LOL

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