Winners And Losers Of The Gaming Industry (MGM, WYNN, ASCA, PNK, MNTG, PENN)
According to analysts at Oppenheimer Research, the last week was extremely rewarding for investors in the gaming industry.
The Oppenheimer Large Cap Gaming Index was up 16.5% with all shares up for the week. MGM Mirage (NYSE: MGM) was up 16.2% and Wynn Resorts (NASDAQ: WYNN) gained 16.6% on expectations of improving trends in Las Vegas.
Ameristar Casinos (NASDAQ: ASCA) and Pinnacle Entertainment (NYSE: PNK) decreased marginally at 0.1% and 0.6% respectively on regional declines for the month of December. Penn National Learning (NASDAQ: PENN) increased 6.9% and MTR Gaming Group (NASDAQ: MNTG) increased 38.5% on news of separate favorable legislations.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: Oppenheimer ResearchAnalyst Color Price Target Analyst Ratings