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Gaming Index Ends Year at All-Time High

LAS VEGAS-The Index, which is based on the stock price performance of nine gaming companies with significant operations in Nevada, is up 56% over the past 12 months.

By Brian K. Miller | Updated on January 07, 2007

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LAS VEGAS-An index that tracks the performance of nine gaming companies with significant operations in Nevada gained 9.2% in December to end the year 56% higher than it stood at the start of the year. Maintained by locally headquartered Applied Analysis, the index rises and falls with the stock performance and market capitalization of the companies in the Index, which includes not only gaming operators but also companies that make gaming machines.

Launched in 1998 with a value of 100, the Applied Analysis Gaming Index crested once 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 hit a new high of 381.5, and the growth only accelerated from there. November’s 44.1-point gain, a 10.8% increase, was the largest one-month increase in the history of the Index. The 38.74-point gain in December takes the Index to another all-time high of 461.66.

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