Casinos & Hotels

Casinos & Hotels Articles

Royal Caribbean Cruises reported mixed first-quarter financial results Monday before the markets opened.
Carnival reported better-than-expected fiscal first-quarter earnings before the markets opened Friday.
A new research report from Brean Capital has issued positive Buy ratings on four of the top casino operators.
Merrill Lynch had a team of analysts weigh in on the proposal that MGM Resorts International become a real estate investment trust.
Hedge fund Land and Buildings announced on Tuesday that it plans to nominate four candidates for the board of directors of MGM Resorts.
Hotels in New York City were only able to raise rates 1% last year, compared with 15% in Nashville, the highest increase among the top 50 markets.
The gambling control board of Macau has released its report on the island’s gambling revenues for February, and the report was, perhaps amazingly, slightly better than analysts had expected.
MGM Resorts International reported fourth-quarter and full-year 2014 results before markets opened on Tuesday.
JW Marriott Hotels & Resorts announced on Friday the opening of its largest North American property, the JW Marriott Austin.
On Friday, the gambling control board of Macau released its report on the island’s gambling revenues for December and all of 2014, and the news beat down casino stock prices in early trading.
Struggling casino owner Caesars Entertainment announced Monday morning that it is merging with asset acquisition company Caesars Acquisition.
Carnival reported mixed fourth-quarter and fiscal year 2014 results before markets opened Friday morning.
Caesars Entertainment shares responded favorably to news that the company may restructure as a real estate investment trust (REIT).
La Quinta announced Monday that it will have a secondary offering of 20 million shares, which could be worth around $400 million.
Melco Crown Entertainment reported disappointing third-quarter 2014 results before markets opened Thursday morning.