Gambling sin stock Caesars Entertainment (CZR) saw its shares plummet more than 50% today (ending slightly higher than its bottom at only 40% off of the day) because of a ruling by a judge today. Here’s the back story: Caesars Entertainment Operating Company owes billions... Read More..
When you think of gambling sin stocks, what do you think of? Probably the big ones that influence our idea of Las Vegas: Wynn Resorts (WYNN), MGM Resorts (MGM), Caesars Entertainment (CZR). But those aren’t the only casino sin stocks around. There are others… just... Read More..
Is Caesars Entertainment A Good Contrarian Play? (CZR) – Seeking Alpha (registration) Is Caesars Entertainment A Good Contrarian Play? (CZR)Seeking Alpha (registration)It is hard to believe, but Caesars Entertainment (NASDAQ: CZR) could be a good contrarian play in the world of gambling stocks. At a... Read More..
Why Even the Righteous Should Invest in Sin – DailyFinance DailyFinance Why Even the Righteous Should Invest in SinDailyFinanceBoth the decision and Cramer's reaction highlight a long-running debate among investors: Should right-minded investors buy "sin" stocks? Typically these are companies involved in what can be... Read More..
In this video, Fox Business reports on two types of sin stocks — sex sin stocks, alcohol sin stocks, and crime sin stocks. In the first part of the video (1:00 – 5:41), Fox Business interviews Anthony Previte, CEO of FriendFinder (FFN), a company that... Read More..