The Newsroom - 2002

GAMING: Gaming industry keeps on climbing

October 15, 2002 - Gaming stocks had another consistent month, in the midst of a tumultuous year on Wall Street.

The Applied Analysis Gaming Index rose 3.7 percent during the month of September, the second month in a row where it showed an increase.

The index, put together monthly by Applied Analysis, a valley-based economic research firm, measures eight local gaming stocks on the last day of each month. An aggregate of the percentage changes from month to month for each company is compiled, taking into consideration different weightings for companies, depending on market capitalization and concentration in the valley.

The companies covered by the index are MGM Mirage, Park Place Entertainment, Mandalay Resort Group, Harrah's Entertainment, Station Casinos, International Gaming Technology (IGT), WMS Industries and Alliance Gaming.

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Article Copyright ©: B. Sodoma, Las Vegas Business Press

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