6. Ameristar Casinos ( ASCA), a developer, owner and operator of casino entertainment facilities in the local and regional markets, has eight properties in seven markets. The company's operations include a variety of table games, including blackjack, craps, roulette and poker.

Total revenue increased $6.1 million to $308.7 million for the first quarter 2011. Net income during the quarter was seen almost doubling to $21.8 million or 37 cents per share, which compares to $10.7 million or 18 cents per share. Interest payments during the quarter reduced to $25.1 million from $34.4 million in the year-ago quarter. ASCA's earnings improved during the quarter, riding on lower interest expenses and cut back on promotional expenditure.

The company recently announced acquiring most of the stock owned by a charitable foundation formed by its late founder. Capital spending for the second quarter of 2011 is expected to range from $10 to $15 million. Cash dividend per share is pegged at 10.5 cents.

Of the 17 analysts covering the stock, 59% recommend a buy and 35% rate a hold. Analysts polled by Bloomberg expect the stock to gain an average 7.5% to $25.62 in the upcoming 12 months.

If you liked this article you might like

UBS Bullish on Macau, Rates Wynn, MGM and Melco as 'Buys'

Strong March Macau Numbers Send Casino Stocks Rising

Las Vegas Sands Is a Good Bet in Macau

Macau January Revenue Up but Falls Below Expectations

Despite Road Bumps, Chinese Casinos Will Still Rebound