Blue chip stocks are the stocks of well-known, high-quality companies that are industry leaders. These companies have stood the test of time and are respected by their customers and shareholders. Blue chip companies have solid business models and impressive track records of returns for investors. These returns often include regular and growing dividend payments. The blue chip stocks' attractive risk-reward profiles make them among the most popular for conservative investors. But even more risk-tolerant investors should consider buying blue chip stocks to diversify their portfolios and provide stability during turbulent stock market conditions. What are they? What is a blue chip stock? So, what are blue chip stocks? A blue chip stock is defined as a security that represents an equity position in a company possessing most of the following characteristics: An industry leader with a dependable business model. A proven track record and strong reputation with consum...
It was a good day, eh. Gloria Billeci of Ontario, Canada, won $222,899 after hitting a Mega Progressive jackpot playing Mississippi Stud Poker at Horseshoe Las Vegas, according to a Caesars Entertainment spokesperson. The winning hand was dealt around 10 a.m. Wednesday. Billeci, who was visiting Las Vegas on a long-awaited vacation with her daughter, said she plans on retiring and buying an expensive gift. Winners across the Las Vegas Valley Cannery Drum roll, please. This guest danced to the beat of their own drum 🥁 Congrats on the $22k win! pic.twitter.com/IhlClLp5nB — Cannery Casino (@CanneryCasino) October 25, 2023 Main Street Station Lucky Winner, in the flesh! 🚨JACKPOT ALERT🚨 Congratulations to our lucky winner! pic.twitter.com/q0FjXvywPv — Main Street Station Casino, Brewery & Hotel (@mstreetcasino) October 27, 2023 Palms That's plenty of prosperity for 88 cents. 💰 JACKPOT MANIA! Club Serrano member hits $14,673 jackp...
Tuesday morning's opening of the $780 million Durango Casino Resort comes 15 years after the company opened its last development. Red Rock Resorts President Scott Kreeger said a dry spell like that won't be repeated. The company already has a few locations in mind for expansion. He said Durango's opening is the blueprint for Red Rock's development plans — building resorts in areas around the Las Vegas Valley where the population is growing, the economy is expanding and the company is not represented in the gaming landscape. Red Rock owns six development sites that, combined, cover more than 500 acres in regions stretching to the outer ends of Clark County, giving the company a roadmap for future projects. In 2021, Red Rock CEO Frank Fertitta III and vice chairman Lorenzo Fertitta — the brothers are the casino operator's largest shareholders — told analysts the goal was to double the company's size by 2030. "We've always been a company ...
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