March 13th, 2008
Diversified Casinos: The drama Play of the Future?
As the credit market has becomes increasingly volatile it is important to separate between what is occurring in the stock market collect to veritable questions round the underlying fundamentals of a company and what is occurring due to irrational behavior fueled by uncertainty and fear. When investors argon in a panic and all they care about is how they can sell, sell, sell, perhaps it is a signal that it is time to more closely evaluate depressed stock prices in lodge to find strong long term players available at clearance prices. While it is important to note that in that location are companies declining for valid reasons, which makes careful analysis all the more important, there are certainly gems hidden amongst the ruble. As we mentioned in rifle weeks SINdex we feel that certain industries, specifically vice related industries, are built for long term growth and stability disregarding of the surrounding chaos due to protective moats.
With that in oral sex we turn to examine some of the protective moats and developing trends in the casino industry For the purpose of our discussion here we confine the casino industry as those firms whose uncomplicated business is spicy in, whether it be proprietary or otherwise, the development, management and operation of properties whose primary business is gaming activities. It is important to differentiate this industry from the “Gaming Industry” which also includes the manufacturers of casino related devices (i.e slot machines, stove poker tables, chips, ect.). While these business are important and are represent in the SINdex the trends in their business and how they will react in this economy differ greatly from the casino operators. Since the beginning of the socio-economic class casino operators have seen an industry wide falloff in market value. As of 3/17/08 the top 10 firms by market cap have seen an average decrease of 28.7% while the S&P 500 has only seen a...If you extremity to get a full essay, order it on our website: Ordercustompaper.com
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