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Posts related to ‘Casinos & Hotels’

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The Games Are Still Hot at Las Vegas Sands

Posted: May 1, 2013 at 4:38 pm

Las 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 (EPS) of ...
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You Can Play Real-Money Poker Online Again — If You Live in Nevada

Posted: April 30, 2013 at 1:11 pm

The 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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Real-Money Gambling Goes Live

Posted: April 3, 2013 at 10:10 am

Today’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 Digital Entertainment ...
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Kerkorian May Increase Stake in MGM Resorts

Posted: March 14, 2013 at 12:32 pm

In 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. (NYSE: ...
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Boyd Gaming Misses Estimates, Even Without Huge Impairment Charge

Posted: March 4, 2013 at 8:20 am

Boyd 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 share (EPS) loss ...
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Nevada Online Gambling Law Juices Stocks (ZNGA, FB, IGT, BYI, BYD, WMS, SHFL, CZR, MGM, MPEL)

Posted: February 25, 2013 at 11:15 am

We 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 ...
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Online Gambling Now Legal in Nevada (ZNGA, IGT, BYI, BYD, WMS, SHFL)

Posted: February 22, 2013 at 1:59 pm

The 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 amended. ...
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Wynn Fight Continues, But Kazuo Okada Resigns From The Board

Posted: February 21, 2013 at 3:33 pm

Wynn 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 ...
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Cruise ship

Impairment Charge Hits Royal Caribbean Earnings

Posted: February 4, 2013 at 9:15 am

Royal 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 diluted earnings per share ...
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No Laughs at Wynn Resorts

Posted: January 31, 2013 at 4:38 pm

Wynn 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 earnings per ...
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Las Vegas Sands Boosts Dividend to Sweeten Soft Earnings

Posted: January 30, 2013 at 4:34 pm

Las 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 earnings per share ...
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MGM Wins Approval for New Macau Casino

Posted: January 9, 2013 at 7:55 am

The 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 island’s ...
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Casino Shares Up on Macau Revenues

Posted: January 2, 2013 at 2:01 pm

Revenue 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. ...
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Casino Operators to Merge (ASCA, PNK)

Posted: December 21, 2012 at 10:08 am

Casino 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 which Pinnacle will acquire ...
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Nevada Gambling Revenues Rise Slightly in October

Posted: December 7, 2012 at 11:02 am

In 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 ...
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