SOURCE: Shinesroomonline.com

Shinesroomonline.com

May 13, 2011 09:01 ET

Equity Research on Bally Technologies Inc. and Pinnacle Entertainment Inc. -- Gaming Activities Sector Hurt by Gambling Slump

NEW YORK, NY--(Marketwire - May 13, 2011) - www.shinesroomonline.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Gaming Activities industry and are offering free analytical research on Bally Technologies Inc. (NYSE: BYI) and Pinnacle Entertainment Inc. (NYSE: PNK). Register with us today at www.shinesroomonline.com to have free access to this research or speak to one of our pros at http://www.shinesroomonline.com/products-subscription.php?subscription=freetrial.

The recession took its toll on the gambling sector. Americans, concerned about their finances amidst rising unemployment and a financial crisis, cut back on their extraneous spending and, unfortunately for the Gaming Activities sector, this included gambling. Now that the economy is starting to fire on all cylinders again there has been a slight improvement in gambling levels, but they are still far from any sort of peak. Get instant analyses of Bally Technologies Inc. and Pinnacle Entertainment Inc. from live, real-time experts standing by at http://www.shinesroomonline.com/products-subscription.php?subscription=freetrial. There is no commitment to join.

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Casino operator, Pinnacle Entertainment felt some of this improvement in the first quarter. While its net income actually slid, this was due primarily to one-time items creating a tough comparison, and its adjusted earnings beat Wall Street's expectations. Pinnacle Entertainment Inc. report is accessible for free by registering today at http://shinesroomonline.com/reports/May1311PinnacleEntertainmentInc.(PNK)130511.php.

The gambling downturn has hurt slot-machine makers as well. With revenues constrained, casinos have been looking for ways to cut costs. Lowering capital expenditures on new slot machines was one of the ways casinos went about this, ultimately creating a very soft market for companies like Bally Technologies Inc. The near two year slump on new slot machine sales has been very difficult for the sector that depends on sales for a portion of its revenue. The sector typically does share a portion of the gambling revenues each machine takes in, so if the recovery continues and Americans continue gambling there may be light at the end of the tunnel. Bally Technologies Inc. report is accessible for free by registering today at http://shinesroomonline.com/reports/May1311BallyTechnologiesInc.(BYI)130511.php.

The two Gaming Activities stocks research reports are available for free by signing up now on www.shinesroomonline.com.

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