May 13, 2013 (Fast Lane via COMTEX) -- Below are the three companies in the Casinos & Gaming industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Boyd Gaming (NYSE:BYD) is highest with a beta of 1.7. Boyd Gaming Corporation owns and operates several gaming properties throughout the United States. The Company also operates entertainment, restaurants, shopping, and recreational facilities on its properties. Boyd Gaming share prices have moved between a 52-week high of $14.42 and a 52-week low of $4.75 and are now trading 193% above that low price at $13.91 per share. Over the past week, the 200-day moving average (MA) has gone up 2.3% while the 50-day MA has advanced 7.9%.
Melco Crown Entertainment (NASDAQ:MPEL) is next with a beta of 1.6. Finishing up the top three is MGM Resorts International (NYSE:MGM), with a beta of 1.5. ---------------------------------------------------------------------------------------------
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