We don't want to let the stocks of smaller gaming companies get lost in the shuffle of a year that has been one for the ages in the casino business. On the one hand, Las Vegas Sands
Since Sept. 22, when I wrote about the best casino company in town, Boyd Gaming
|Las Vegas Sands||33.05||44.44||34.5%|
Those who don't follow Monarch may be surprised by the tiny casino company's performance over that time. With just one casino, Monarch will never see the growth of Las Vegas Sands or Wynn Resorts, but with just $32 million in debt, there isn't a safer way to invest in gambling stocks.
Another favorite of mine, Penn National, has been making all the right moves in 2010, and in 2011 we could see its M Resort turn into an equity contributor.
Foolish bottom line
Not every investor can withstand the volatility of traditional casino favorites; for those looking for a less risky way to invest in gambling take a look at these forgotten casino stocks. You might just like what you see.
Interested in reading more about gambling stocks? Add one of these companies to My Watchlist, and My Watchlist will find all of our Foolish analysis on this stock.