Casinos & Hotels
Casinos & Hotels Articles
ThinkstockFor the past year and a half, top hotel, restaurant and leisure stocks have surged on investor interest and very positive sentiment from Wall Street analysts. In a research report out...
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ThinkstockBack in early August we suggested that the reported Hilton initial public offering would be very important to the IPO market. After all, this was one of the top ten largest private equity...
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ThinkstockThe former Portuguese colony of Macau generates about six times the gambling revenue of Las Vegas and now a Macau-based company is going after a piece of the action. U.S.-based casino...
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ThinkstockAt 6 a.m. Wednesday morning, the three casinos in the state of Delaware launched free online sites for slot machines, poker, blackjack, and roulette. While today’s launch includes only...
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ThinkstockCaesars Entertainment Corp. (NASDAQ: CZR) will sell its golf course property in Macau to developer Pearl Dynasty Investments Ltd. for $438 million, well shy of the $578 million Caesars paid...
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ThinkstockWynn Resorts Ltd. (NASDAQ: WYNN) reported second-quarter 2013 results before markets opened this morning. The casino and resort operator posted adjusted diluted earnings per share (EPS) of...
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ThinkstockGambling machine maker Bally Technologies Inc. (NYSE: BYI) announced today that it has struck a definitive agreement to acquire SHFL entertainment Inc. (NASDAQ: SHFL) for $23.25 a share, or...
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ThinkstockLas Vegas Sands Corp. (NYSE: LVS) reported first-quarter 2013 results after markets closed today. For the quarter, the casino and resort operator posted adjusted diluted earnings per share...
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ThinkstockThe first legal online gambling site in the U.S. launched today, ultimatepoker.com, a majority-owned subsidiary of Station Casinos LLC. In order to play, though, you must be able to prove...
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ThinkstockToday’s launch of real-money gambling in the United Kingdom has sent shares of Zynga Inc. (NASDAQ: ZNGA) soaring this morning. The anticipated launch in a partnership with Bwin.party...
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ThinkstockIn a filing with the U.S. Securities and Exchange Commission (SEC) today, investor Kirk Kerkorian’s Tracinda Corp. indicated that it may boost its stake in MGM Resorts International Inc....
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ThinkstockBoyd Gaming Corp. (NYSE: BYD) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter the casino operator reported an adjusted earnings per...
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ThinkstockWe noted last Friday the impact on some stocks following Nevada’s enactment of legislation permitting online gambling in the state. Now a state with just 3 million people is not likely to...
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ThinkstockThe governor of Nevada signed legislation yesterday legalizing online gambling in his state. New Jersey’s governor recently vetoed a similar bill but said he could sign one if properly...
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ThinkstockWynn Resorts Ltd. (NASDAQ: WYNN) is perhaps one of the craziest infighting scenarios that investors have seen in modern times. The fight for control and influence has been very odd and has...
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