2025.12.18
boulder station casino hotel(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.But investors clearly cheered the EBITDA beat and Century’s developing margin expansion story.g.seneca niagara casino shuttleShares of Caesars Entertainment (NASDAQ:CZR) and Penn National Gaming (NASDAQ:PENN) are trading to the upside in Friday’s after-hours session.Century Casinos (NASDAQ:CNTY) stock surged 9.Century stock could use the benefit of a strong recovery at domestic gaming venues, because, as Wieczynski notes, Canadian casinos could remain closed until April 15, and it’s possible the Poland properties are shuttered again.luckyland slots rtp foxwoods resort casino roomsruby slots no deposit bonus codes may 2021Investors appeared to applaud that revelation, as well as the shares climbing on more than double the average daily volume yesteadmiral casino venuesrday.The changes will be effective prior to the open of trading on Monday, March, 22, 2021 to coincide with the quarterly rebalance,” said S&P Dow Jones in a statement.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.casino table games best oddsSimple math explains why this is the case.Temporary closures of the operator’s venues in Canada and Poland led to a miss of analysts’ revenue estimates.25 million.black oak casino sonora california winstar world casino and resort oklahoma4 casino beach boardwalkCNTY’s US assets are likely pacing ahead of our prior model,” said Wieczadmiral casino venuesynski.6 trillion to index.6 trillion of that total is attributable to the market capitalization of index components, that means active fund managers and passive funds direct another .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.Bullish OutlookCentury management noted margin expansion trends can prove long-lasting, and it’s optimistic that as more folks in the 55-and-up age demographic receive COVID-19 vaccinations, traffic trends at its US properties will continue improving.So, too, would Resorts World at its Aqueduct racino.legends of poker bicycle casino 2019 hallmark casino free chip 2021 |