Casinos & Hotels

Casinos & Hotels Articles

Gaming stocks were not particularly pleased Tuesday and Wednesday when Macau reported revenues under what analysts were expecting.
Peak Resorts has filed its paperwork with the Securities and Exchange Commission for an initial public offering.
Hilton was the owner of the world-famous Waldorf Astoria Hotel, located in New York, until early Monday morning.
The Los Angeles City Council is scheduled to take a final vote next week on a proposal to raise the minimum wage for workers at the city’s large hotels.
Carnival Corp. released its earnings for its third quarter Tuesday before the markets opened.
ThinkstockThe Macau region in China has been the target of many analysts’ downgrades in the casino sector recently, with Sterne Agee the most recent to have cautious views. David Bain was the...
ThinkstockHilton Worldwide Holdings Inc. (NYSE: HLT) has filed with the Securities and Exchange Commission to have a secondary offering. The Blackstone Group L.P. (NYSE: BX) will be acting as the...
Vail Resorts just announced that it is acquiring the Park City Mountain Resort in Park City, Utah.
ThinkstockThe world of casino stocks is often very volatile. Sometimes a good economy isn’t enough. Then there are the regional concerns for casinos, such as Macau having new risks and concerns....
ThinkstockExtended Stay America, Inc. (NYSE: STAY) held up rather well on Thursday considering that it priced a 21 million share secondary offering. This added millions more of shares on the market,...
MGM Resorts International reported better-than-expected second-quarter 2014 earnings before markets opened on Tuesday.
Las Vegas Sands reported disappointing second-quarter results after markets closed Wednesday. Las Vegas operations contributed slightly less than 10% to total revenues.
Longer term, J.P. Morgan analysts are positive on the new trends in gambling in Macau. Here are the four top gaming stocks to buy at J.P. Morgan now.
Churchilldowns.comThe Kentucky Derby is one of those events that pulls in viewers who never even bother with watching horse racing any other days of the year. It is also represented as the oldest...
Courtesy Four Seasons Hotels & ResortsFour Seasons Hotels & Resorts has launched its flying luxury hotel schedule for 2014. A round-the-world trip for two on the customized Boeing 757...