Pinnacle Entertainment
Pinnacle Entertainment Monday was just what the doctor ordered for US gaming stocks that had struggled through much of the past couple of weeks. Pinnacle Entertainment led what gaming companies hope will be the start to a strong week.

Pinnacle Entertainment stock rose 6.09%, or $.44 on Monday. The stock closed at $7.67, far from where investors would like to see, but still above the six month low of $7.13 back on February 17th.

Another stock that improved its position on Monday was Melco Crown Entertainment. Melco stock finished the first day of the trading week at $4.35. The stock increased 7.67%, representing a change of $.31.

As for some of the bigger US-based gaming companies, Las Vegas Sands, Wynn Resorts, and MGM Mirage all picked up between one and five percent. Sands stock closed at $17.09, and MGM finished at $10.66. Wynn Resorts remained the most stable, closing Monday at $66.22.

LVS disputed reports from over the weekend that they were attempting to sell their Bethlehem, Pennsylvania casino. Instead, the company reiterated their commitment to completing the other phases of the project, and also revealed that they had petitioned the state to add table games at the Bethlehem casino.

The news on the stock front was good for almost all gaming companies, but a couple had their prices slip. Century Casinos had the worst drop, even though it was only 2.83%. Century ended the day at $2.40.

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