Space Trading Game
Part 4 – Highlights of Major Gaming Stock – Casinos
Let’s talk stock! First of all, we would like to address the oldest gaming companies around: the stock for land-based casinos such as Harrah’s, Caesars and MGM.
[For the record, we do not endorse or recommend any of these companies – you must do your research before investing.]
If you have been reading since the first part, you might remember that the combined annual revenue of all the casinos on the Strip in Las Vegas is estimated at $5 billion. This sounds like good business! But besides their success in Vegas, the large casino names have also been expanding aggressively and opening new casinos in Europe and Asia-Pacific, where they hope to entice more people into playing.
As an example, here is some basic information about the most famous casino company of all, Harrah’s Entertainment. Harrah’s is traded in the New York Stock Exchange (NYSE) with the symbol HET. This was its financial info at the time of writing:
Last Trade: 88.35 ———————– Day’s Range: 87.60 – 88.80
Trade Time: 4:06PM ET—————– 52wk Range: 78.77 – 89.35
Change: 0.59 (0.66%)—————– Volume: 7,267,185
Prev Close: 88.94———————– Avg Vol (3m): 2,445,030
Open: 88.75—————————— Market Cap: 16.57B
Bid: N/A———————————– P/E (ttm): 23.50
Ask: N/A———————————- EPS (ttm): 3.76
1y Target Est: 90.00——————– Div & Yield: 1.60 (1.80%)
And for good measure, the Alpha index was 0.0019 (meaning it earned 0.19% more than expected) and the Beta index was 1.48 at the time (meaning it is 48% more volatile than the market).
Now you can make an approximate idea of the stock’s profitability, volatility and expectations, but numbers aren’t everything, and you must take into account other factors such as how famous the name is, how good the reputation, how solid the brand. This is some more information you should take into account:
- Harrah’s Entertainment, Inc. was incorporated on November 2, 1989, which means it has been traded for almost 20 years now.
- As of December 31, 2006, the Company owned or managed 48 casinos, mainly based in the United States and the United Kingdom.
- As of December 31, 2006, Harrah’s properties added up to three million square feet of gaming space and approximately 40,000 hotel rooms.
- Harrah’s acquired London Clubs International plc, which as of December 31, 2006, owned or managed seven casinos in the United Kingdom, two in Egypt and one in South Africa. London Clubs also has four casinos under development in the United Kingdom.
- Harrah’s owns the World Series of Poker brand and operates the tourneys in Las Vegas and London casinos.
From Reuters again, this is how this company compares to its peers:
P/E (12 mo. trailing) ————- Lower
Price to Sales (12 mo. trailing)– Lower
Dividend Yield——————– Higher
Sales Growth (12 mo. trailing)– Lower
EPS (12 mo. trailing)————- Higher
ROI (12 mo. trailing)———— Lowerr
Now it is up to you to make sense of all the info, gauge the risk levels against the potential returns, and decide how much you want to invest in the casino industry. Unfortunately, you won’t be able to invest in Harrah’s stock because it recently went private (sorry!), but here is other major casino stock worth looking into:
- MGM Mirage: Mirage is traded in the NYSE under the symbol MGM. At the time of writing this the stock was priced at $65.90, which makes it more accessible than the pricier HET. We’ll leave you to research all the numbers, and give you some non-numerical info: MGM owns and operates 19 casino properties in the United States, including the Las Vegas Strip, Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, and Monte Carlo casinos in Las Vegas; as well as having partial interest in major casinos like the Borgata, operating several golf courses and clubs and having a strategic alliance with the Mashantucket Pequot Tribal Nation.
- Wynn Resorts: Wynn stock is traded in NASDAQ as WYNN, and it is going for $97.85 at the time of writing. This most expensive of casino stocks was founded in 2002 in Las Vegas Nevada, and has grown into a little empire including, among other features, 6 dining restaurants, a nightclub, a lounge, a spa and salon, a Ferrari and Maserati automobile dealership, wedding chapels and an 18-hole golf course. They have recently expanded into Asia with the Wynn Macau Casino Resort.
- Ameristar Casinos: Ameristar stock is traded with the symbol ASCA in NASDAQ, and at the time of writing it was going for a more accessible $21.02. The oldest of this lot, Ameristar was founded in 1954 and is based in Las Vegas, Nevada. As of September 18, 2007, the company operated eight Casinos in Missouri, Iowa, Mississippi, Louisiana, Colorado, and Nevada.
About the Author
This article was published courtesy of ThisIsTheNuts.com.
This Is The Nuts (www.thisisthenuts.com) is a rakeback site devoted to giving online poker players the most competitive financial rewards for their play and referrals, as well as monthly promotions and freerolls. We are proud to offer 24/7 online support. TITN is available in English, Spanish, French, German, Portuguese, Swedish and Russian.
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Marvel Trading Card Game $95.59 Marvel Trading Card Game is a video game for the Nintendo DS, PC, and PlayStation Portable. It was developed by Vicious Cycle Software and 1st Playable Productions and published by Konami. The game is based on Upper Deck Entertainments Marvel Comicsbased collectible card game, and was released across all three platforms in several regions in 2007.Marvel Trading Card Game is a virtual card game in which the player chooses to be either a superhero or supervillain in singleplayer mode. Multiplayer modes are also available. The game follows the rules laid out in Upper Decks VS System, used in card games across several franchises including Marvel, DC Comics, and Hellboy.The game received mixed reviews from critics. Author: Miller, Frederic P./ Vandome, Agnes F./ McBrewster, John Binding Type: Paperback Number of Pages: 132 Publication Date: 2010/04/29 Language: English Dimensions: 5.98 x 9.01 x 0.30 inches |
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The Trading Game $6.35 This book is in Acceptable condition |
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XMen Trading Card Game $66.91 High Quality Content by WIKIPEDIA articles Released by Wizards of the Coast in 2000, the XMen Trading Card Game was a collectible card game (CCG) designed to coincide with the popularity of the first XMen movie. This set featured character art similar to that of the movie, even for characters who did not appear in the movie, such as Angel or Bishop. The XMen Trading Card Game was a joint release of Wizards of the Coast, Inc. (Wote, Marvel Entertainment (Marvel), and Twentieth Century Fox (Fox). All three companies involved with the game required that certain stipulations be met in the final product, which was more than slightly instrumental in the games alltoorapid demise. WotC, naturally, was responsible for the structural design of the game; Marvel was to provide artwork; and Fox determined the overall look of the characters depicted in the cards, to wit, the black leather outfits worn by the actors of Foxs XMen feature film. The games only promotional cards even featured Halle Berry, Famke Janssen, Anna Paquin, Patrick Stewart, Hugh Jackman, and James Marsden as their respective movie characters. Author: Surhone, Lambert M./ Timpledon, Miriam T./ Marseken, Susan F. Binding Type: Paperback Number of Pages: 84 Publication Date: 2010/06/24 Language: English Dimensions: 5.98 x 9.01 x 0.20 inches |
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The Trading Game By Jones, Ryan $81.76 Author: Jones, Ryan Series Title: Wiley Trading Subtitle: Playing by the Numbers to Make Millions Publication Date: 1999/04/29 Number of Pages: 240 Binding Type: Hardbound Language: English Depth: 1.00 Width: 6.25 Height: 9.50 |
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The Leverage Space Trading Model (Hardcover) $80.42 Praise for The Leverage Space Trading Model "As Warren Buffett said, `It`s only when the tide goes out that you learn who`s been swimming naked.` We now know that most have been. It`s too bad that Ralph Vince did not finish his book in 2005 or 2006, it would have helped save institutional investors and our nation trillions of dollars; few people understand the rewards of leverage and its inherent risks like Ralph. As we found out, most hedge funds and banks use leverage without knowing how to quantify its risks or rewards. This book is a must-read for anyone using or being responsible for risk. Leverage is one of our greatest empowerments." —Salomon Konig, member of the board of directors, Hedge Fund Association, Partner and Chief Investment Officer, Artemis Capital Partners, LLC "Ralph Vince is almost alone in his study of trade sizing, but that doesn`t mean he isn`t right. Traders should read this book." —Euan Sinclair, option trader and author of Volatility Trading "As we`ve seen recently, the gross misuse of leverage has been a hard lesson for institutions. But position sizing is critical to the success of all traders, big and small, and Ralph Vince brings fresh thinking to an area that badly needs it. He challenges the status quo and makes you think about what you`re doing. He attacks the major flaws of MPT. There is no doubt that you`ll benefit from Ralph`s ideas." —Perry Kaufman, author of New Trading Systems and Methods, Fourth Edition and A Short Course in Technical Trading "If Ralph Vince writes it, I read it…every word, every thought this guy has produced has led me to additional market profits. Money management is clearly the way to the kingdom of wealth in the investment world and Ralph gives you the keys in this book." —Larry Williams, trader, fund manager, and author of Trade Stocks & Commodities with the Insiders |
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World of Warcraft Trading Card Game $71.7 High Quality Content by WIKIPEDIA articles The World of Warcraft Trading Card Game (WoW TCG) is a collectible card game based on Blizzard Entertainments MMORPG, World of Warcraft. The game was announced by Upper Deck Entertainment on August 18, 2005, and released on October 25, 2006. Players can fight against each other oneonone, or can join others in order to defeat raid bosses such as Onyxia, Ragnaros, Magtheridon, The Betrayer (Illidan) or Kel Thuzad. In March 2010 Upper Deck Entertainment lost the Licence from Blizzard Entertainment. On March 24, 2010 Cryptozoic Entertainment announced the acquisition of the games license and that planned sets will be released. Author: Surhone, Lambert M./ Tennoe, Mariam T./ Henssonow, Susan F. Binding Type: Paperback Number of Pages: 96 Publication Date: 2010/12/04 Language: English Dimensions: 6.00 x 9.02 x 0.23 inches |
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The Trading Game by Jones, Ryan Edition ILL, 1 $51.99 Clear, concise, and practical, The Trading Game shows you how to harness the power of money management for any trading method The goal of most futures traders is to make a million dollars as fast and as painlessly as possible. Unfortunately, few traders achieve this goal. In The Trading Game, Ryan Jones demonstrates how the proper application of his new money management strategy, Fixed Ratio Trading, can enable an average trading system to earn spectacular profits. My advice? Don’t trade until you’ve spent as much time and effort on money management as you’ve spent on developing your entry and exit rules. -Tom Bierovic, Manager System Trading & Development Education, Omega Research, Inc. Ryan Jones is on the cutting edge of the most important element in the art of speculation-be it stocks or commodities-money management. -Larry Williams, trader and author Long-Term Secrets to Shot-Term Trading Money management is the most overlooked part of trading but is the key to building enormous wealth. Ryan Jones first overviews classical methods and then discusses a new paradigm which, combined with a reliable trading method, can lead to financial security. -Murray Ruggiero, President Ruggiero & Associates; contributing editor, Futures magazine At last-a money management book that is not intimidating or boring. Ryan Jones has made a complex subject easier to understand and follow. I am especially excited for all independent traders. -Glen Ring, President, Glen Ring Enterprises editor of the widely respected View on Futures newsletter Ryan Jones has always been one of the most innovative traders and creative minds in the industry. With the writing of The Trading Game: Playing by the Numbers to Make Millions, he has taken the science of money management and risk control to another level. I wholeheartedly endorse his efforts and recommend this new work required reading to anyone either just entering the trading arena, or already participating in it. -Ted Tesser, CPA and author, The Trader’s Tax Survival Guide |
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Acornsoft Games: Elite, Starship Command, Revs, Snapper, Labyrinth, Castle of Riddles, Arcadians, Countdown to Doom $14.15 New – Chapters: Elite, Starship Command, Revs, Snapper, Labyrinth, Castle of Riddles, Arcadians, Countdown to Doom. Source: Wikipedia. Pages: 39. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher’s book club where you can select from more than a million books without charge. Excerpt: Elite is a seminal space trading computer game, originally published by Acornsoft in 1984 for the BBC Micro and Acorn Electron computers. The game’s title derives from |
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Acornsoft Games: Elite, Starship Command, Revs, Snapper, Labyrinth, Castle of Riddles, Arcadians, Countdown to Doom $14 New – Chapters: Elite, Starship Command, Revs, Snapper, Labyrinth, Castle of Riddles, Arcadians, Countdown to Doom. Source: Wikipedia. Pages: 39. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher’s book club where you can select from more than a million books without charge. Excerpt: Elite is a seminal space trading computer game, originally published by Acornsoft in 1984 for the BBC Micro and Acorn Electron computers. The game’s title derives from |
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Bohnanza Game $19.97 For 2-7 players Takes about 45 minutes to play |
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David Braben $57.6 Used – Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. David John Braben (born 1964, Basford, Nottingham) is a British computer programmer, best known for co-writing Elite, a hugely popular and influential space trading computer game, in the early 1980s. He attended Buckhurst Hill County High School in Chigwell in Essex. He studied Natural Sciences at Jesus College, Cambridge. Elite was written in conjunction with Ia |
