Why Casinos Are The Perfect Dividend Stocks

newsfeedback@fool.com (Travis Hoium), The Motley Fool
Fri, 06/23/2017 - 10:00am

The gaming industry has traditionally been a corner of the market that only the most risk-tolerant investors would venture into because it was full of highly leveraged companies that had an almost endless appetite to spend money on building more casinos. In the U.S., the 1980s through the mid-2000s saw a huge expansion in Las Vegas' gambling market as MGM Resorts (NYSE: MGM) and Caesars Entertainment (NASDAQ: CZR) built and acquired new properties, and Wynn Resorts (NASDAQ: WYNN) and Las Vegas Sands (NYSE: LVS) built their own corners of The Strip. But in the last few years, Wynn, Las Vegas Sands, and Macau-based Melco Resorts (NASDAQ: MLCO) have become steady dividend payers, and it could be argued that MGM should begin paying a dividend soon, as well.

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