Invest in casino stocks? Too risky, survey finds

Print
When it comes to investing in casino companies, many high-net-worth investors don’t like the gamble. ');

Your current subscription does not provide access to this content. Please click the button below to manage your account.

kAm%92E’D 244@C5:?8 E@ 2 |@C82? $E2?=6J (62=E9 |2?286>6?E x?G6DE@C !F=D6 !@== @7 b__ 9@FD69@=5D :? E96 }6H *@C< >6EC@ 2C62]k^Am

kAmtG6? H:E9 >@C6 42D:?@D :? E92E C68:@?[ ab A6C46?E @7 C6DA@?56?ED 4@?D:56C65 E96> E@@ 9:89\C:D<[ 2?5 ea A6C46?E D2:5 E96J H6C6 “?@E 7@C >6]”k^Am

kAmz2C6? #] !6C:[ 2 |@C82? $E2?=6J 7:?2?4:2= 25G:D6C :? }@CE97:6=5[ 7:?5D D:>:=2C A2EE6C?D :? 96C AC24E:46]k^Am

kAm“(92E H6 7:?5 :D 6G6? A6@A=6 E92E G:D:E E96 42D:?@D 2C6 27C2:5 E@ :?G6DE :? E96>[” D96 D2:5]k^Am

kAmqFE E96 D66>:?8=J 4@?EC25:4E@CJ D6?E:>6?ED 5@ ?@E ?646DD2C:=J 42CCJ @G6C E@ A6@A=6 H9@ H@C< 7@C 82>:?8 4@>A2?:6D[ D96 D2:5]k^Am

kAm“x 7:?5 :? >J AC24E:46 D@>6@?6 E92E H@C<D 7@C 2 42D:?@ 82>:?8 4@>A2?J @C :? E92E :?5FDECJ :D >@C6 =:<6=J E@ :?G6DE :? :E[ 3FE ?@E D@>6@?6 H9@ G:D:ED :E[” !6C: D2:5]k^Am

kAm%9@D6 DFCG6J65 925 2E =62DE S`__[___ :? :?G6DE:3=6 2DD6ED] p E9:C5 @7 E96> 925 S` >:==:@? @C >@C6]k^Am

kAm|2?J 9:89\?6E\H@CE9 :?G6DE@CD 2C6 @=56C 2?5 >2J 36 C6E:C65[ !6C: D2:5] %9:D >2J DE66C E96> >@C6 E@ DE@4<D E92E A2J 8C62E6C 5:G:56?5D]k^Am

kAm“%96J’C6 =@@<:?8 7@C :?4@>6[ 2?5 H:E9 :?E6C6DE C2E6D 2E 9:DE@C:4 =@HD[ E96J’C6 =@@<:?8 7@C H2JD E@ 86E :?4@>6] p?5 @?6 @7 E96 H2JD E@ 5@ E92E :D H:E9 5:G:56?5D[” D96 D2:5]k^Am

kAm$@>6 42D:?@ 4@>A2?:6D H:E9 pE=2?E:4 r:EJ E:6D 92G6 366? DF3;64E E@ E96 >2C<6E’D G@=2E:=:EJ :? E96 A2DE J62C]k^Am

kAmr26D2CD t?E6CE2:?>6?E r@CA][ H9@D6 DF3D:5:2CJ r26D2CD t?E6CE2:?>6?E ~A6C2E:?8 r@] 7:=65 7@C r92AE6C `` 32?<CFAE4J AC@E64E:@? :? y2?F2CJ[ D2H DE@4<D C:D6 23@G6 S`f 2 D92C6 :? }@G6>36C 2?5 5:A 36=@H Sd :? yF=J]k^Am

kAm~? uC:52J[ E96 4@>A2?J 4=@D65 2E Sh]bg 2 D92C6]k^Am

kAmq@J5 v2>:?8 r@CA][ H9:49 @H?D 92=7 @7 q@C82E2 w@E6= r2D:?@ U2>Aj $A2[ 92D D66? DE625:6C 8C@HE9 :? E96 A2DE J62C[ C:D:?8 7C@> 23@FE Sh 2 D92C6 :? ~4E@36C E@ 4=@D:?8 uC:52J 2E S`e]d_]k^Am

kAmt=D6H96C6[ |@C?:?8DE2C 2?2=JDE s2? (2D:@=6< D2:5 DE@4<D :? 4@>A2?:6D DF49 2D |v| #6D@CED x?E6C?2E:@?2=[ (J?? #6D@CED 2?5 {2D '682D $2?5D 92G6 9:?865 >F49 @? |242F 2?5 E96 r@E2: DEC:A :? r9:?2]k^Am

kAm%9@D6 4@>A2?:6D 92G6 C6A@CE65 72:C=J D@=:5 8C@HE9 :? {2D '682D[ 3FE :DDF6D :? |242F 92G6 92>A6C65 DE@4< AC:46D :? E96 ?62C E6C>[ 96 D2:5]k^Am

kAm|v|[ H9:49 92D @?6 42D:?@ @? E96 A6?:?DF=2 2?5 :D D6E E@ @A6? 2?@E96C :? r@E2: :? 72== a_`e[ 4FCC6?E=J 92D E96 =62DE 6IA@DFC6 E@ E92E >2C<6E @7 E96 E9C66[ 96 D2:5]k^Am

kAm“%92E 92D 96=A65 E96:C DE@4< A6C7@C>2?46 C646?E=J] q642FD6 @7 E96 ?62C\E6C> F?46CE2:?EJ :? |242F 7@C :?G6DE@CD[ :E’D 72:C E@ D2J E96 DE@4<D H:E9 =2C86C 6IA@DFC6 E@ |242F >@C6 C646?E=J 92G6 F?56CA6C7@C>65 E9@D6 H:E9 =6DD 6IA@DFC6[” 96 D2:5]k^Am

kAm%92E 2C62 DE:== >2J 92G6 2 8@@5 8C@HE9 @FE=@@< :? E96 4@>:?8 J62CD 2D E96 r9:?6D6 8@G6C?>6?E :?G6DED 3:==:@?D :? 42A:E2= :>AC@G6>6?ED[ 3C:586D 2?5 C2:= DJDE6>D[ (2D:@=6< D2:5]k^Am

kAmr@?E24Ei e_h\afa\fadbk^Am

kAmk2 9C67lQ>2:=E@iqx2?:6C:oAC6DD@724]4@>Qmqx2?:6C:oAC6DD@724]4@>k^2mk^Am

kAm%H:EE6C oqx2?:6C:k^Am

© 2015 Press of Atlantic City. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Read more http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNEkWD8jOpAO6TIoCxS6wrra6yrWeA&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=g531VejmCtOGhQGe95wI&url=http://www.pressofatlanticcity.com/business/invest-in-casino-stocks-too-risky-survey-finds/article_ddbc55e6-5998-11e5-8c17-e75027d0cf20.html