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Posts related to ‘Casinos & Hotels’

Ceasars’ Huge Loss Doesn’t Hit Shares After-Hours

Posted: October 31, 2012 at 4:56 pm

Ceasars 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 (EPS) loss of ...
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Fewer High Rollers Costs MGM Resorts

Posted: October 31, 2012 at 2:11 pm

Shares 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 (EPS) loss ...
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Wynn Results Inline, Declares $8 Cash Dividend

Posted: October 24, 2012 at 4:29 pm

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 ...
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China’s Ecomonic Slowdown Curbs Macau Gambling Revenue

Posted: October 4, 2012 at 6:35 am

Macau gambling revenue came in short of expectations. Macau has become the Mecca of gaming firms as activity has slowed, particularly in places like Las Vegas and Atlantic City. Macau's ...
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Short Sellers Lighten Up on Bets Against Casinos and Gambling (BYD, CZR, LVS, MPEL, MGM, PENN, WYNN, IGT)

Posted: September 26, 2012 at 11:05 am

    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 ...
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Carnival Cruises Past Earnings Estimate

Posted: September 25, 2012 at 10:08 am

Carnival Corp. (NYSE: CCL) reported fiscal third quarter 2012 adjusted earnings per share (EPS) of $1.53 on revenue of $4.68 billion. In the same period a year ago, the cruise ...
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Nevada Gambling Revenues Pop in July (MGM, LVS, WYNN, CZR)

Posted: September 10, 2012 at 11:43 am

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 ...
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The Best Companies of the First Half

Posted: September 7, 2012 at 6:24 am

The end of summer stock market run-up pushed the S&P 500 index above 1,400, a 12% gain year-to-date. But are businesses better off in 2012 than in 2011? To find ...
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Short Sellers Increasing Bets Against Casinos (BYD, CZR, LVS, MPEL, MGM, PENN, WYNN, IGT)

Posted: August 27, 2012 at 8:48 am

Short sellers have not unilaterally increased their bets against casinos, but there was a rise in the short interest in this sector's leaders on the August 15 settlement date versus the ...
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Key Short Interest in Casinos (BYD, CZR, LVS, MPEL, MGM, PENN, WYNN)

Posted: August 10, 2012 at 10:14 am

You have probably seen that the casinos have sold way off of their highs as the economy has softened. Las Vegas gambling revenues were lower in recent data and word ...
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Casinos React to Muted Growth in Macau (MPEL, WYNN, MGM, LVS)

Posted: August 1, 2012 at 10:45 am

China's Macau gambling and free trade zone managed to show growth in July. While the pace was up by only 1.5% in July on a year-over-year basis, the results were ...
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Snake Eyes Earnings Report For Las Vegas Sands

Posted: July 25, 2012 at 4:58 pm

Las Vegas Sands Corp. (NYSE: LVS) had already sold off massively due to the slowing trends in Asia.  Now things have gone from bad to worse, and the worst of ...
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Sands Gets OK on Macau Project Extension

Posted: July 16, 2012 at 8:18 am

Earlier this year, Las Vegas Sands Corp. (NYSE: LVS) was denied land rights to an expansion project on Macau. The land, called Parcels 7 and 8, was part of a ...
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Gambling Revenues Continue to Fall in Nevada

Posted: July 12, 2012 at 1:14 pm

In its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for May 2012 came in at $885.1million, down -10.05% compared with May ...
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Casinos Take Another Hit (LVS, WYNN, MPEL, MGM)

Posted: June 26, 2012 at 8:01 am

Earlier this month Las Vegas Sands Corp. (NYSE: LVS) withdrew its appeal of a decision by the Chinese government that denied the company a permit to construct a new casino ...
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