Las Vegas Sands Stock Off And Running In 2010

Las Vegas Sands Stock Off And Running In 2010


Las Vegas Sands began the new year as one of the gaming companies with the biggest room for a jump in stock price. On Monday, the stock price reflected that optimism with a jump of over eleven percent.

Sands stock has risen from $9.12 to $9.73 in just one day of trading in 2010. Analysts believe that once Macau and Singapore projects are completed, the stock should remain stable.

The weekend brought good news from Sands' stock price over on the London Market. In Asia, Sands stock jumped, causing a ripple down effect on the New York market. The company will now look for that price to grow in the future.

Other gaming companies based in the US also had good days to start 2010. MGM Mirage stock jumped 6.69%, to $9.73. Wynn Resorts, the most stable of the US gaming stocks, increased to $63.96, a gain of almost ten percent.

Century Casinos is one of the few casino stocks that fell Monday. Century stock dropped to $2.60, representing a loss of 3.35%, but only $.09. Companies with a minimal gain Monday included Ameristar Casinos ($.07), and Boyd Gaming ($.23).