Gambling Stocks Get Bush Boost

Published January 13, 2003 by OCR Editor

Gambling Stocks Get Bush Boost

A Bush proposal that could act as an incentive for companies to start paying dividends and that would attract a whole new class of investors, those looking for dividend income...

A Bush proposal that "could act as an incentive for companies to start paying dividends and that would attract a whole new class of investors, those looking for dividend income," was announced by Joe Greff, a gaming analyst for Fulcrum Global Partners, a Wall Street based investment research company.

 

A reporter for the Las Vegas Wire said that the proposal at hand by the Bush administration to eliminate federal tax on stock dividends sparked Wall Street analysts, suggesting a big positive injection into gaming stocks.

Stock dividends are becoming more of a reality for Mandalay Resort Group, Harrah's Entertainment, MGM Mirage and Park Place Entertainment Corporation, who hold solid financial positions.

 

See also

Online Gambling vs Casino Stocks

Top Gambling and Casino Stocks for 2009

Special Report: Do iGaming Stocks Fit the Bill?

Buy an iPad 3, Bet on Apple Stock

Coinbase Becomes the First Crypto Exchange to Launch on US Stock Market


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