Analyst Names Top Casino Markets
Pinnacle, International Game Tech and Wynn Resorts are the best gaming sectors to invest, analyst Joe Greff at Bear Stearns told CNBC's “Squawk on the Street.”
Pinnacle , a small cap regional operator is still a developing company but has high potential, expecting to build four additional major casinos around the U.S. in the next two years.
Geoff expects “triple cash flow between now and 2011.” He also added that the “management team is top notch, particularly to its size.”
Wynn Resorts , flourishing in Las Vegas and also performing extremely well in Macau since its opening in September 2006, mostly attracts high-end U.S. and Asian gamblers.