More Topics:
Why Dover Downs' Days Are Over
Posted January 31, 2012
We Recommend...
By Kraken
Many of you may not be familiar with Dover Downs Gaming & Entertainment (DDE). Its operations include Dover Downs Casino, a 165,000-square-foot casino complex featuring popular table games such as craps, roulette and card games; slot machine offerings, such as multi-player electronic table games, and a race and sports book operation; the Dover Downs Fire & Ice Lounge; Doc Magrogan's Oyster House; and Frankie's Italian restaurant, as well as several bars, restaurants, and four retail outlets. The company's operations also include the Dover Downs Hotel and Conference Center, a 500-room AAA Four Diamond hotel with conference, banquet, ballroom, and concert hall facilities; and Dover Downs Raceway, a harness racing track with pari-mutuel wagering on live and simulcast horse races.
Dover Downs has a tough road ahead, which is why I am recommending investors take a short position in the company. Dover Downs has a great risk-reward for investors compared with other potential short candidates. Take for example, Pandora (P) or Zynga (ZNGA), both trading at high valuations compared with Dover Downs. Why short Dover Downs compared versus Pandora and Zynga? READ FULL ARTICLE HERE
blog comments powered by