Casinos & Hotels

Casinos & Hotels Articles

ThinkstockRoyal Caribbean Cruises Ltd. (NYSE: RCL) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the cruise ship operator posted adjusted...
ThinkstockWynn Resorts Ltd. (NASDAQ: WYNN) reported fourth quarter and full year 2012 results after markets closed today. For the quarter, the casino and resort operator posted adjusted diluted...
ThinkstockLas Vegas Sands Corp. (NYSE: LVS) reported fourth-quarter and full-year 2012 results after markets closed today. For the quarter, the casino and resort operator posted adjusted diluted...
ThinkstockThe Hong Kong-based subsidiary of MGM Resorts International Inc. (NYSE: MGM) has received approval from the government of Macau to build a second casino and hotel on the Chinese-controlled...
ThinkstockRevenue rose to $35 billion at the Chinese special administrative region of Macau in 2012, up 13.5% for the year after posting a record rise of nearly 20% in December. Predictions of a...
ThinkstockCasino operators Pinnacle Entertainment Inc. (NYSE: PNK) and Ameristar Casinos Inc. (NASDAQ: ASCA) announced this morning that the two companies have signed a definitive agreement under...
ThinkstockIn its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for October 2012 came in at $979 million, up 1.9% compared with October 2011....
ThinkstockCasino owner and operator Penn National Gaming Inc. (NASDAQ: PENN) announced this morning that it will spin off its real estate assets into a separate, publicly traded REIT in a transaction...
ThinkstockCeasars Entertainment Corp. (NASDAQ: CZR) reported third-quarter 2012 results after markets closed today. For the quarter, the casino and resort owner posted a diluted earnings per share...
ThinkstockShares of MGM Resorts International (NYSE: MGM) dropped this morning after the company reported a larger-than-expected loss in the third quarter. The company posted an earnings per share...
Wynn Resorts Ltd. (NASDAQ: WYNN) reported third-quarter 2012 results after markets closed today. For the quarter, the resort and casino owner posted adjusted diluted earnings per share (EPS) of $1.48...
    Short sellers have actually lightened up on their bets against the casinos and against the gambling machine makers. Perhaps the drop from the highs has taken the easy money out of the short...
Wynn Resorts Ltd. (NASDAQ: WYNN) may have a distraction for its shareholders now with its ongoing fight between Steve Wynn and Kazuo Okada. Okada’s Aruze USA, Inc. has issued an open letter to...
In its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for July 2012 came in at $1 billion, up 17% compared with July 2011. The Las Vegas Strip...
In our report on short interest in casino stocks, we noted a drop in short interest at one company that makes gaming machines, International Game Technology (NYSE: IGT). In addition to slot machines,...