Isle of Capri US-based gaming companies were hoping that Monday would be the start of a strong finish to 2009. Instead, the industry saw minor decreases in stock prices across the board, led by Isle of Capri Casinos.
None of the major companies lost more than two percent from their starting price this week. Isle of Capri dropped 1.60%, to $7.40 a share, and that was the largest drop of the day.
Century Casinos was next with a loss of 1.49%, and MGM Mirage stock dropped 1.47%. The stock prices for these two companies were $2.65, and $9.36, respectively. MGM is down over $6 a share since January 2nd.
All of these casino gaming companies are hoping for a positive turn in the market in 2010. Analysts, however, caution that the market might not return until 2011. Continued improvement for most companies is expected.
Wynn Resorts stock was down less than one percent Monday, closing at $58.89. Wynn remains the top gaming stock on the US market. Las Vegas Sands stock finished at $15.21 today, also a decrease of less than one percent.
Minor Losses Across The Board Monday For US Gaming Stocks
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