Gaming Industry Stocks Expected to Benefit Long Term from Participation in Macau’s Casino Market as it Passes Las Vegas in Total Gaming Revenue
Investor Podcast Discusses the Casino Market and Growing Number of Private Equity Deals with Major Buy-Outs in the Works for Harrah’s Entertainment and Station Casinos
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Overview: |
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Mr. Dan Ahrens, Portfolio Manager for the Ladenburg Thalmann Gaming and Casino Fund (NASDAQ: GACFX) discusses recent activities within the casino industry such as Harrah’s and Station Casinos private-equity buyouts, developments in the Macau gaming market and continued domestic gaming sector growth. In addition, this interview takes a look at the recent performance of the Ladenburg’s Gaming and Casino Fund and perspectives on how the recent market pullback has impacted gaming stocks creating a buying opportunity for investors.
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About The Gaming and Casino Fund |
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The Ladenburg Thalmann Gaming and Casino Fund (Symbol: GACFX) is a newly created no-load1, multi-cap equity fund with an investment objective of long-term growth of capital. The Fund will invest primarily in casinos and gaming manufacturers; plus companies in the pari-mutuel, lottery, and electronic / video game industries.
www.GamingandCasinoFund.com
Dan S. Ahrens: President - Ahrens Advisors, L.P.
Dan S. Ahrens is President and Treasurer of Ahrens Advisors, L.P., an SEC-registered Investment Advisor he founded in September of 2005. Prior to forming Ahrens Advisors, he was President of the MUTUALS.com Funds, and served as portfolio manager of the Vice Fund (VICEX) and Generation Wave Growth Fund (GWGFX). He was President of the Funds' Advisor, Mutuals Advisors, Inc. He joined that Advisor and its affiliated companies in February 1999 after a career in financial services beginning in 1988. Prior to joining the Advisor, Mr. Ahrens worked in various roles with MONY Life Insurance Company / MONY Securities Corp. Mr. Ahrens received his Bachelor of Business Administration Degree in Finance from Texas Tech University. He also earned the professional designation Chartered Financial Consultant (ChFC).
Dan is the author of the book, "Investing in Vice, The Recession-Proof Portfolio of Booze, Bets, Bombs, and Butts", published in 2004 by St. Martin's Press. He has appeared on CNN, CNBC, ABC News, MSNBC, Bloomberg TV, PBS Wall Street Week, and the BBC. The Vice Fund, which he started in 2002, was featured in TIME Magazine, The Economist, New York Times, The Wall Street Journal, Investor's Business Daily, Barron's, Financial Times, and many other publications during his tenure there.
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