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pechanga casino in california(Image: Denise Truscello/National Real Estate Investor)In a statement issued after the close of US markets today, S&P Dow Jones Indices — curator of the S&P 500 — said Caesars and Penn are two of four stocks joining the widely followed equity gauge.Temporary closures of the operator’s venues in Canada and Poland led to a miss of analysts’ revenue estimates.Century Casino in Cripple Creek, Colo.hollywood casino facebookThat came a day after the regional gaming company reported fourth-quarter earnings before interest, taxes, depreciation and amortization (EBITDA) that beat Wall Street forecasts.Translation: Fund managers and index funds that track the index will dump the aforementioned names that are leaving the S&P 500 and buy shares of the stocks that are joining the benchmark, including the two gaming stocks.However, that metric belies what some market observers believe is a big-time story.lucky land of slots

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boomtown casino crab legsCentury Casinos (NASDAQ:CNTY) stock surged 9.As of Dec.25 million.nearest casino in escondidoHowever, that metric belies what some market observers believe is a big-time story.6 trillion to index.Big Deal for Caesars, Penn SharesInclusion in the S&P 500 is a significant promotion for the Harrah’s operator and the regional gaming giant.ruby slots free chip codes

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oxford casino and hotel6 trillion of that total is attributable to the market capitalization of index components, that means active fund managers and passive funds direct another .25 million.Simple math explains why this is the case.However, that metric belies what some market observers believe is a big-time story.2 trillionpromo code for san manuel online casino benchmarked to the index, according to S&P Dow Jones.31, 2020, the company had .resorts casino queens

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