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Slot machines have long been among the favorite gambling media for older players. A quick stroll through any casino will bear this out.

But the purveyors of one-armed bandits aren't content with that -- apparently they can't leave well-enough alone sucking money out of the pockets of retirees. So they're working on new ways to make slot machines fun for those under 40 -- the generations that grew up on video games.

Some makers are adding video game elements like hand-eye coordination to what were once games of chance. Soon, slot machines will come with joysticks, and multi-player gaming will be available.

According to the New York Times, casino operators see big opportunity in younger gamers. They tend to have fewer moral qualms about games of chance than their older counterparts but, for now, mostly go to Las Vegas to drink, see shows, and party. They're not spending as much time as casino operators would like on the floor.

Las Vegas has spent a lot of time and a ton of money reinventing itself as a hip destination for younger people. If it can translate that popularity into increased gambling profits, companies like Wynn Resorts (NASDAQ: WYNN) could prosper.

New slot machines targeting younger morons originally appeared on BloggingStocks on Mon, 10 Dec 2007 16:33:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>GamblinggamingSlot MachinesSlotMachinesWYNNMon, 10 Dec 2007 16:33:00 EST<![CDATA[Option update 5-18-07: IGT, CRM up on takeover chatter]]>http://www.bloggingstocks.com/2007/05/18/option-update-5-18-07-option-volume-heavy-on-open-with-higher-p/http://www.bloggingstocks.com/2007/05/18/option-update-5-18-07-option-volume-heavy-on-open-with-higher-p/http://www.bloggingstocks.com/2007/05/18/option-update-5-18-07-option-volume-heavy-on-open-with-higher-p/#commentsFiled under: , , , ,

International Game Technology (NYSE: IGT) implied volatility and call volume Jumps on Chatter.
  • IGT specializes in the design, manufacturer and marketing of computerized gaming equipment. IGT is recently up $1.28 to $39.18 on unconfirmed takeover chatter.
  • IGT call option volume of 12,038 contracts compares to put volume of 576 contracts. IGT June option implied volatility of 34 is above its 26-week average of according to Track Data, suggesting larger risk.
Salesforce.com, Inc. (NYSE: CRM) option volume heavy; volatility flat on Speculative chatter.
  • CRM, an on demand customer relationship management applications company, is recently up $0.76 to $43.83 on take over speculation.
  • CRM reported first quarter revenue of $162 million yesterday. GROW has a Buy rating on CRM.
  • CRM June option implied volatility of 40 is below its 26-week average of 44 according to Track Data, suggesting decreasing risk.
Option volume leaders today are: Intel Corp. (NASDAQ: INTC), Elan Corp. (NYSE: ELN), Apple Inc. (NASDAQ: APPL) and U.S. Steel Corp. (NYSE: X).

Daily Option Update is provided by Stock Options Specialist Paul Foster of theflyonthewall.com.

Option update 5-18-07: IGT, CRM up on takeover chatter originally appeared on BloggingStocks on Fri, 18 May 2007 13:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplcrmelanelnGamblingigtimplied volatilityImpliedVolatilityintcInternational GameInternationalGameLas VegasLasVegasoptionsotsssalesforceSalesforce.comslot machinesSlotMachinesthe streipTheStreipxFri, 18 May 2007 13:50:00 EST