Casinos & Hotels
Casinos & Hotels Articles
The end-game reward on how much MGM Resorts International (NYSE: MGM) will add for shareholder value via a Hong Kong IPO of its MGM China Holdings Limited in Macau is still a work in progress. It...
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A bad day for Las Vegas Sands From Reuters. Douglas A. McIntyre Find a Qualified Financial Advisor (Sponsor) Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool...
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Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is holding up better than many might have expected after the stellar rise seen in the casino stocks with Macau ties. Melco Crown turned a wider loss...
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News out of Macau, China is crushing some of the gambling stocks that have direct operations in Macau. It looks like the Chinese are considering curbing the number of gambling tables, the minimum...
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Boyd Gaming Corporation (NYSE: BYD) has filed with the SEC to raise up to $750 million in cash via securities sales. The company can sell any combination of common stock, preferred Stock, Debt...
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Wynn Resorts Limited (NASDAQ: WYNN) accomplished a capital raise which looks to be at a far less of a discount and at much better terms than the recent financing over at Las Vegas Sands Corp. (NYSE:...
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Moody’s had had the corporate debt ratings of Las Vegas Sands Corp.(NYSE: LVS) on review for possible downgrade since mid-July. Just today, the debt ratings agency announced that it has lowered...
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Las Vegas Sands Corp. (NYSE: LVS) has just re-opened for trading after being halted all day. After the news today it is of little surprise that the stock is being hit hard after the severe discount...
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Las Vegas Sands Corp. (NYSE: LVS) initially showed up on our day trader alerts this morning as one of the Macau casino movers. But right before the open Las Vegas Sands announced that it has...
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We just got earnings out of Wynn Resorts Ltd. (NASDAQ: WYNN). The ultra-high-end casino operator posted non-GAAP EPS of $1.11 on revenues of $825.2 million (after a 50% gain in Macau revenues)....
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Very shortly after today’s close we are going to get a good glimmer into the overall health of casino stocks as Wynn Resorts Ltd. (NASDAQ: WYNN) is going to be opening its back office doors for a...
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Divide the chips as you will. Las Vegas Sands (LVS) had a pitiful quarter. Revenue rose from $628 million to $1.079 billion. The good news ended there. Operating income fell from $131 million in the...
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Wynn Resorts, Ltd. (NASDAQ:WYNN) has announced something that would have otherwise been unexpected. Its Board of Directors (likely Steve Wynn) has declared a cash distribution of $6.00 per share...
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This weekend cover story from Barron’s was an article with some concerns over the value of casino stocks with exposure to Macau, and it even hints that valuations are at bubblish levels. It’s...
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Wynn Resorts, Ltd. (NASDAQ:WYNN) posted earnings of $0.82 GAAP EPS on revenues of $687.5 million First Call had estimates at $0.53 EPS and almost $604 million revenues. Year over year results are...
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