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Gaming-Related Companies Gain in October

LAS VEGAS-An index focused on publicly-held gaming companies with significant operations in Nevada hits an all-time high.

By Brian K. Miller | Updated on November 02, 2006

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LAS VEGAS-The share price performance of Harrahs Entertainment and Las Vegas Sands Corp. pushed a gaming index focused on publicly-held companies to an all-time high in October. Created by locally based Applied Analysis, the gaming index rose by 9.3% in October.

The research firm’s Index tracks the daily average stock prices of nine gaming companies with significant operations in Nevada. Launched in 1998 with a value of 100, the Index crested in May at 379.3 and declined in June, July and August, bottoming out at 337 before recovering to 349.1 in September. October saw the index gain 9.3%, or 32.4 points, to 381.5.

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