Tue Mar 17 09:09:00 -0400 2009

Yahoo Finance (New York)

- Telsey Advisory Group LLC (TAG), an independent research and consulting firm founded by veteran Wall Street retail analyst Dana Telsey, today announced that it has initiated coverage on eight new companies in the gaming industry including casino operators and gaming technology firms. With this announcement, TAG now covers 93 consumer companies in broadlines, hardlines, gaming, luxury goods, specialty stores and restaurants.

Chris Jones commented, “Despite a challenging investment environment, we view the current period as an optimal launching point for coverage of the gaming industry. With an unprecedented negative consumer discretionary cycle, those companies in the Gaming and Lodging space that survive will offer investors an opportunity to participate in a strong cash flow-driven consumer discretionary category once heavily weighted towards growth investors. With significantly depressed valuations and an industry shakeout afoot, now is the time to lay the foundation of our coverage universe for what we believe will be a modest rebound in the second half of 2009.”

To view the full article, download the PDF here: Yahoo Finance, March 17, 2009