A New Reason to Bet on Casino Stocks

The following video is from Friday's Motley Fool Money roundtable discussion, in which host Chris Hill, along with analysts Jason Moser, Ron Gross, and Charly Travers discuss the week's biggest investing news.

New Jersey became the biggest state yet to allow regulated online gambling. The new law allows casinos in Atlantic City to run websites that take bets on poker, blackjack, and slots. Gambling stocks were up on the news. Will casino operators like Caesars Entertainment (NASDAQ: CZR  ) be the big winners? What does the news mean for social network gaming sites like Zynga (NASDAQ: ZNGA  ) ? In this installment of Motley Fool Money, our analysts discuss the implications for gambling stocks.

Zynga's post-IPO performance has been dreadful, and investors are beginning to wonder if it's "game over" for this newly public company. Being so closely tied to the world's largest social network can be a blessing and a curse. You can learn everything you need to know about Zynga, and whether it's a buy or a sell, in our new premium research report. Don't even think about picking up shares before you read what our top analysts have to say about Zynga. Click here to access your copy.

The relevant video segment can be found between 4:00 and 6:36.

For the full video of today's Motley Fool Money, click here.

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  • Report this Comment On March 01, 2013, at 8:13 PM, Mark2013 wrote:

    I don't bet on stocks since I started in 1980 and lost every dime, I put in the markets that year but I do investigate and have a good idea where things are going the next few years and even hints 30 years from now when people will not be allowed to drive.

    This info and investigation of ZNGA and the HUGE amount of cash it has this early on with a $20-$40 stock as a penny stock is one I'll not pass up long but will do some trading too since, I like all longs well paid for in prophets. I am cheap with nerves of steel in the markets as a business then boyish off work thinking young which is what it takes in the markets or part of it or one will lose imo

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