SOURCE: The Bedford Report

The Bedford Report

January 07, 2011 08:46 ET

Casino Stocks on the Rise to Kick Off 2011

The Bedford Report Provides Analyst Research on Las Vegas Sands and Boyd Gaming

NEW YORK, NY--(Marketwire - January 7, 2011) - Casino stocks have kicked off the New Year in style as analysts upgraded several companies in the sector for a myriad of reasons. With Macau revenues still surging, gaming companies with presence in the region continue to receive the thumbs up from the analyst community. Meanwhile, more positive data in the US, including improved optimism in the gambling hotbed of Nevada, has sent stocks for casino companies with larger America presences up. The Bedford Report examines the outlook for companies in the Resorts and Casinos Industry and provides research reports on Las Vegas Sands Corp. (NYSE: LVS) and Boyd Gaming Corp. (NYSE: BYD). Access to the full company reports can be found at:

www.bedfordreport.com/2011-01-LVS

www.bedfordreport.com/2011-01-BYD

Gaming companies with operations in Las Vegas and other US hotbeds are more optimistic heading into 2011 that the national economy is improving. In turn the improving economy could lure gamblers back to the casinos. At its worst last year, unemployment in Las Vegas jumped to 15 percent. However more positive jobs data could be on its way. Earlier this week a survey from payroll processor ADP found that companies added 297,000 jobs last month significantly higher than the 100,000 economists projected.

The Bedford Report releases regular market updates on the Resorts and Casinos Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Las Vegas accounts for only a small piece of Sands' revenue as the company generates over 75% of its earnings from holdings outside of the United States with operations in Macau and Singapore garnering most of the attention. According to the Macau Gaming Inspection and Coordination Bureau, Macau's casino revenues rose nearly 42 percent year-on-year to a staggering $2.13 billion in November. 

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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