Ameristar Casinos - Top Performing Casino Stock - Mid-Day Update

Published on Monday, 30 January 2012 11:52 Written by Christopher Lynn

New York, January 30th (TradersHuddle.com) - Casino stocks are trading lower by -1.4% versus their previous trading day close. Casino stocks are having a broad decline with 0 out of 7 casino companies trading higher.

Ameristar Casinos (NASDAQ:ASCA) is the top performer of the casino stocks today trading at $19.76 representing -0.25%. versus the previous trading session. Ameristar Casinos, the gaming company that owns and operates casinos resorts in several states in the U.S., shares have defined support at $19.28 and resistance at $20.63.

Isle of Capri Casinos (NASDAQ:ISLE) is also among the top performers, currently trading at $5.12 representing -0.39% from its previous close. Isle of Capri Casinos, the owner and operator of branded casino resorts throughout the U.S., the U.K. and the Bahamas has calculated support and resistance levels at $4.38 and $5.16 respectively.

Casino Stocks worst performers include Wynn Resorts (NASDAQ:WYNN) that is trading at $115.3 or -3.17% from the previous close. The Shares of Wynn Resorts, the luxury casino operator have defined support at $104.62 and resistance at $123.27. Also among the worst performers is MGM Resorts (NYSE:MGM), which so far is trading at $12.98 representing -1.59% from the previous trading session.

Casino stocks are underperforming the broad market S&P 500 Index is currently trading at 1307.19, -9.14 points or -0.69% from the previous trading session.