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Posts related to ‘Casinos & Hotels’

200325572-001

The Games Are Still Hot at Las Vegas Sands

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

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

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

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

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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200325572-001

Nevada Online Gambling Law Juices Stocks (ZNGA, FB, IGT, BYI, BYD, WMS, SHFL, CZR, MGM, MPEL)

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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200325572-001

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

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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200325572-001

Wynn Fight Continues, But Kazuo Okada Resigns From The Board

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

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

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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200325572-001

Las Vegas Sands Boosts Dividend to Sweeten Soft Earnings

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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200325572-001

MGM Wins Approval for New Macau Casino

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

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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200325572-001

Casino Operators to Merge (ASCA, PNK)

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

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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