Caesar's Entertainment volatility flat as NJ Governor supports online gambling Caesar's Entertainment overall option implied volatility of 74 is near its 26-week average of 73 according to Track Data, suggesting non-directional price movement after the company traded higher following news that New Jersey governor Chris Christie will conditionally allow the state of legalize Internet gambling.
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NY authorizes development of three upstate gaming resorts Governor Andrew Cuomo released the Upstate NY Gaming Economic Development Act, which will establish three destination resorts with gaming in Upstate New York. The legislation authorizes three upstate Destination Resorts to enhance tourism development. Destination Resorts will be selected only on merit by the gaming commission or a separate board to be selected by the commission. No Destination Resort will be authorized in New York City, and no Destination Resort will be located downstate until a minimum of five years after the first upstate Destination Resort opens. Reference Link
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