Reader Poll Replies:
Personally, I never thought about buying casino stock. I guess
it makes sense, no one really wins every time. Ralph H.
New York City, NY
I am watching some of the more popular Las Vegas casino stocks and to
be perfectly honest I like the fact they are not doing well.
Unfortunately casinos always win in the end so I am sure it is just a
matter of time before they all go back to winning big. Doris S.
San Francisco, CA
Great question and I too have never considered buying shares of a
casino, it kinda has a sexy feeling knowing that you can loose money to
yourself. Victor Hodges, TX
We sure would I guess we never though that they were publicly traded
so thanks for the idea. Barbara Knick Normal Illinois
For the past seventy-nine years I have seen the stock market go up
and down like an elevator. It's been down in the past, but it
always goes back up, sooner or later. That's why I feel that this
is a perfect time to buy a respectable casino stock. The price is
low, but, guaranteed, it will go up ! Herbert Baron
i would not buy stocks in a casino. to much risk for me.
gary smith south bend, in
Sounds to risky to me, with the economy the way it is I can't afford
to take any chances. Ronald L Sharp Pleasant Hill Ia
of course i would. listen if you follow the market and are familar
with what a stock was worth and have the money to invest mid to long
term it makes complete sense to take stock in casinos. do some research
and see what the high was just a year ago and what it is now. then
determine from there. realize it may never hit the high it once was
but nonetheless if its low now, i mean down 20% or more buy, buy buy.
the economy will rebound and make you money. takes money to make money.
Ralph Hamden CT
Yes I would, matter of fact I think the Sands and Wynn are good buys
right now. Should have bought Wynn a long time ago, Don't you always bet
on winners? Steve Giandalia
Yes I would buy Las Vegas casino stock.It may be going down but it
will go up again. People a lot smarter than I am own the casino's and
they invested in them.What does that tell you. Stephen
Heh, heh. Me, buy stocks? I'm still trying to decide whether or not
to "let it ride" or if I should "double down" Me, buys stocks? Thanks
for the laugh... Steven Tillinger Cleveland, OH
I did own casino stocks..I took a beating on them.I don't plan
on investing in them again any time soon! I held IGT for the long term
(over 8 years) dumped it with a big lose..I had high hopes for IGT.. it
seems all aspects of the gaming world are not fairing well. Maybe that's
why they call it a gamble! Exyooper Milwaukee,Wi
First, it's Lose, not Loose. And yes, absolutely I would consider
buying casino stocks and bet with the house. Even without knowing the
odds... Joyce Heard Holiday, FL