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Gambling PhD - Online Casino News - April 2004
Casino Gambling backers
face image problem
11/04/2004
Backers of casino
gambling at Kentucky horse tracks are starting to
realize they have an image problem.
Expanded gambling is
perceived by some to be a windfall for the state's
racetracks. But breeders, who also stand to gain, haven't
taken a leading public role on the issue.
Turfway Park President Bob
Elliston, spokesman for the tracks during the recent
General Assembly, suggested last week that future lobbying
efforts might be different.
"How we communicate that
may need to change and who communicates that needs to
probably change."
Merrill Lynch
backs buying healthcare REITs
The selloff in healthcare
real-estate investment trusts, like Louisville-based
Ventas, is a buying opportunity, Merrill Lynch says.
The sector was driven down
by a surprisingly strong employment report early in the
month that prompted expectations of rising interest rates,
which would be expected to draw investors away from
high-dividend-paying REITs.
Merrill says the decline in
hours worked and average wages suggests some underlying
weaknesses that would make the Federal Reserve reluctant
to push rates higher.
"Given that backdrop, we
believe that investors should use the recent weakness to
add to, or build positions in, our buy-rate health-care
REITs — Health Care Property Investors and Ventas. These
two REITs have dynamic management teams that are seeking
to set their companies on a sustained positive growth
trajectory," Merrill analyst A.J. Rice wrote in a research
report this past week.
Ventas fell more than 12
percent last week to finish at $24.23.
Read the complete article
at:
Courier Jornal
Historical Archive
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