|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.