Casinos & Hotels
Online Gambling Now Legal in Nevada (ZNGA, IGT, BYI, BYD, WMS, SHFL)
Published:
Last Updated:
Source: Thinkstock
Shares of Zynga Inc. (NASDAQ: ZNGA) are reacting well to the Nevada law, but other gambling technology stocks, like International Game Technology (NYSE: IGT), Bally Technologies Inc. (NYSE: BYI), Boyd Gaming Corp. (NYSE: BYD), WMS Industries Inc. (NYSE: WMS), and Shuffle Master Inc. (NASDAQ: SHFL), aren’t getting the message.
Bally, IGT and Shuffle Master have received licenses to operate online gambling in Nevada, and Zynga filed an application for a license in December. The biggest payday could come for Zynga and the others if they can pair up with the big casino operators, most of which have come around to support online gambling over the past couple of years.
Shares of Zynga are up about 4.6% today at $3.10 in a 52-week range of $2.09 to $15.91.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
