Gambling Companies give in to dividends
By maddy
Major gambling and casino companies like Boyd Gaming, Harrah's Entertainment, Mandalay Resort Group, Station Casinos and International Game Technology, have all announced dividend policies in the past two months.

Succumbing to investor demands, many major gambling companies have launched dividend policies the past few months. Investors argue that for a matured industry like gambling it is imperative to reward shareholders through dividend value.

Paving the way for the dividends: Congress in June passed President Bush's 350 (B) billion dollar tax cut plan. This reduced taxes on capital gains and dividends to levels not seen since the Great Depression.

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