Monarch Resort & Casino
Monarch Resort & Casino For those who were hoping the week would get off to a good start for US-based gaming company stocks, it was a bitter day Monday. The stocks were in the red almost across the board for the third time in the past week.

Although there were losses in stock price almost everywhere, the fall was not as significant as to create panic. The largest drop of the day was Monarch Casino & Resort, falling 3.67%, to $6.56.

Pinnacle Entertainment is another company that dropped more than three percent on Monday, closing at $7.16 a share. Pinnacle has been dealing with some trouble in Indiana, where regulators have voted to strip the company of its license for the President Casino.

Other gaming stocks that experienced minimal losses Monday include MGM Mirage, Wynn Resorts, and Las Vegas Sands. MGM fell the most, closing at $10.73, a drop of 1.92%. Wynn and Sands finished the day at $60.76 and $15.54, respectively.

Ameristar Casinos was one of the only casino companies that actually gained in their stock price at the beginning of the week. Ameristar stock was up only $.06, but the fact that the stock did not drop is good news for investors. Ameristar stock closed at $14.42.

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