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NEW YORK - Shares of casino operators rebounded Friday as oil prices fell and Wall Street was cheered by Federal Reserve Chairman Ben Bernanke's comments that the central bank is unlikely to soon raise interest rates.
| PNK | 7.84 |  -0.43 |
| WYNN | 45.69 | -1.54 |
| LVS | 6.95 | -0.45 |
| MGM | 13.94 | -0.58 |
| MPEL | 3.8 | -0.2 |
| PENN | 21.43 | -0.2 |
| ISLE | 3.85 | -0.04 |
| MCRI | 11.74 | -0.46 |
| BYD | 5.37 | -0.29 |
MGM Mirage's shares, which have dropped 24 percent over the past week, saw the biggest gains on Friday, climbing $5.52, or 19.9 percent, to close at $33.25. Pinnacle Entertainment Inc., Boyd Gaming Inc. and Wynn Resorts Ltd. also booked hefty gains.
Bucking the trend, shares of Las Vegas Sands Corp. declined 69 cents to $40.33 after an analyst downgraded the stock to "Sell" and said the casino operator has greater funding needs than investors may realize.
The gaming sector has suffered in recent months from weakness in the Las Vegas market--stemming from reduced airline capacity, higher fuel prices and lower discretionary spending--and concerns about increased competition and regulation in the Chinese enclave of Macau.
On Thursday, shares of some casino operators with properties in Macau slipped as investors grappled with an unconfirmed news report that the Chinese government might place new restrictions on visas.
Boyd Gaming shares added 73 cents, or 6.5 percent, to $11.89, while Wynn Resorts climbed $5.43, or 6 percent, to $95.64.
Pinnacle Entertainment advanced 67 cents, or 6.6 percent, to $10.87. Isle of Capri Casinos Inc. rose 40 cents, or 6.1 percent, to $6.98.
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