Relatively High Beta Detected in Shares of Scientific Games in the Casinos & Gaming Industry (SGMS, MGM, MPEL, BYD, WYNN)
Below are the three companies in the Casinos & Gaming industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.
Scientific Games ranks highest with a a beta of 1.9. MGM Resorts International is next with a a beta of 1.3. Melco Crown Entertainment ranks third highest with a a beta of 1.3.
Boyd Gaming follows with a a beta of 1.2, and Wynn Resorts rounds out the top five with a a beta of 1.2.
SmarTrend is tracking the current trend status for Boyd Gaming and will alert subscribers who have BYD in their portfolio or watchlist when shares have changed trend direction.
Keywords: highest beta scientific games mgm resorts international melco crown entertainment boyd gaming wynn resorts