Gaming and Leisure Report

December 06, 2010

Buy ($175)

Topics covered: Stabilized Visitor Volumes But Weak Volumes, RevPAR Improvements From Convention Bookings, New Markets For Equipment Suppliers, Las Vegas Vs. Regional Trends, Gaming Opportunities In Asian Markets, Capital Structure Improvements

Companies covered: Wynn Resorts, Limited (NASDAQ:WYNN), Advanced Drainage Systems, Inc. (NYSE:WMS), Sunstone Hotel Investors, Inc. (NYSE:SHO), Shuffle Master Inc., Pinnacle Entertainment, Inc. (NYSE:PNK), Penn National Gaming, Inc. (NASDAQ:PENN), Las Vegas Sands Corp. (NYSE:LVS), LaSalle Hotel Properties (NYSE:LHO), International Game Technology (NYSE:IGT), Diamondrock Hospitality Company (NYSE:DRH), Churchill Downs, Incorporated (NASDAQ:CHDN), Monarch Casino & Resort, Inc. (NASDAQ:MCRI), Isle of Capri Casinos, Inc. (NASDAQ:ISLE), Bally Technologies, Inc., Boyd Gaming Corporation (NYSE:BYD), Ameristar Casinos Inc., Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN), Newtek Business Services Corp. (NASDAQ:NEWT), Red Lion Hotels Corporation (NYSE:RLH), PokerTek, Inc., Entertainment Gaming Asia Incorporated (NASDAQ:EGT), MHI Hospitality Corp., Wyndham Worldwide Corp (NYSE:WYN)