A New Reason to Bet on Casino Stocks

New Jersey's new legislation brings new opportunity for casino stocks.

Chris Hill
Chris Hill
Mar 1, 2013 at 6:37PM

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.

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.