Gaming stocks outperforming tech in 2017
By Todd Prince, Las Vegas Review-Journal
Wall Street is placing its chips on Las Vegas.
Gaming industry stocks such as Wynn Resorts and MGM Resorts International have been on a roll this year amid solid revenue growth at home and on Macau. And the Raiders move to Las Vegas has helped draw investor attention to the city.
The Dow Jones U.S. Gaming Index is up 22.2 percent this year through Friday — triple the rise of the Dow Jones Industrial Average and surpassing the 21.5 percent gain for the Dow’s red-hot technology index.