8 Reasons I Made A $3 Wager On This Casino Stock

By Bret Jensen:It is very rare after the rally of the last six months to find a deeply discounted equity, especially one with a high yield and that is selling at less than replacement value. However, recently I came across a stock that has all of those attributes.Dover Down (DDE)

ByDividends For The Long Haul:Dover Downs (DDE) owns and operates the Dover Downs Hotel and Casino in Delaware. The casino consists of video lottery (slot machines), table games, and a sports book. Additionally, the 500-room hotel and conference center has a AAA four diamond rating, as well as several bars and restaurants.

By Kevin M. O'Brien:Back in late December 2011, I wrote an article on Seeking Alpha recommending Wynn Resorts (WYNN). At the time, Wynn Resorts was trading at $105.65/share. I suggested using June 2012 $120.00 call options. Needless to say, this was a great trade.

By Bret Jensen:In doing my research this weekend, I came across two enticing gaming companies. They both are selling at significantly under their growth rates, are priced at very reasonable valuations and look like good gambles at current price levels. Ameristar Casinos (ASCA) -

I have tentative plans to play poker at the Wynn, Las Vegas later this month.  The casino is known for it’s grand architecture and the poker room is a favorite for tourists and locals alike.  With discipline and a bit of luck I hope to build a decent chip stack over the course of a few sessions…

By Kraken:Many of you may not be familiar with Dover Downs Gaming & Entertainment (DDE).

Zacks.com submits: Wynn Resorts Limited (WYNN) reported first quarter earnings of 26 cents, well ahead of the Zacks Consensus Estimate of 14 cents (see conference call transcript

MGM Resorts International and Cadillac Fairview upped the ante in Toronto’s casino wars on Wednesday by unveiling their vision for Exhibition Place that includes up to 1-million square feet of retail, a C-shaped hotel and a new footprint for the Canadian National Exhibition.