MGM Mirage
MGM Mirage Amidst a group of reports that suggest the casino industry in the US will not recover from the recession until 2011, MGM Mirage had a strong start to the trading week. MGM stock was up almost three percent in Monday trading.

Last week, US-based gaming stocks came out of the gate flying in 2010, with two straight big days of stock increases on Monday and Tuesday. By Friday, some of those stock had leveled off.

MGM bounced back to start the second week of 2010, with a closing stock price of $10.90. The stock increased 2.83%, or $.30. Outside of MGM, it was mixed results for gaming stocks on Monday.

Las Vegas Sands and Ameristar Casinos both had increases to begin the week. Sands stock rose 1.44%, to $18.36, while Ameristar stock closed at $15.53. The Ameristar price represented a 2.10% increase.

Wynn Resorts, Boyd Gaming, and Pinnacle Entertainment were among the stocks that slipped a little Monday, although none fell farther than two percent. Wynn stock closed at $67.68, Boyd stock is at $8.34, and Pinnacle finished the day at $8.78.


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