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

Special Report: Do iGaming Stocks Fit the Bill?

Top Gambling and Casino Stocks for 2009

Buy an iPad 3, Bet on Apple Stock

Apple Stock Staggers for Fifth Consecutive Day


Yes! I want to know about exclusive bonuses, promotions, and news.

SUBSCRIBE