Casinos & Hotels - Page 2

hotel bed

MGM REIT to Raise $1.2 Billion in IPO

MGM Growth Properties, a real-estate investment trust (REIT) that will be controlled by MGM Resorts International (NYSE: MGM), filed documents with the U.S. Securities and Exchange Commission (SEC) Friday morning ...
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gavel and cash money

Las Vegas Sands Settles FCPA Charges With SEC

The U.S. Securities and Exchange Commission (SEC) recently announced that Las Vegas Sands Corp. (NYSE: LVS) has agreed to pay $9 million in penalties to settle charges that it violated ...
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hotel bed

Has Marriott Snatched Defeat From the Jaws of Victory?

Marriott International Inc. (NYSE: MAR) has won the battle for Starwood Hotels and Resorts Worldwide Inc. (NYSE: HOT) after an investment team lead by Chinese insurer Anbang folded its tent ...
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Carnival cruise ship

Why Analysts Are High on Carnival

Lower fuel costs and increased bookings led to a tripling of earnings at Carnival Corp. (NYSE: CCL) for its first fiscal quarter of 2016. The operator of Princess, Cunard, and ...
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Carnival cruise ship

What to Expect From Carnival Q1 Earnings

Carnival Corp. (NYSE: CCL) is scheduled to report its fiscal first-quarter financial results before the markets open on Wednesday. The consensus estimates from Thomson Reuters call for $0.32 in earnings per ...
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hotel bed

Starwood Gets Sweetened Bid From Chinese Buyers

The Chinese consortium led by Anbang Insurance Group has raised its bid for Starwood Hotels and Resorts Worldwide Inc. (NYSE: HOT) to $82.75 per share in a non-binding, all-cash offer ...
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Carnival cruise ship

Why There Is Smooth Sailing Ahead for Carnival

Lots of issues have sunk Carnival Corp. (NYSE: CCL) shares this year by 10%, ranging from worries about the Zika virus to actual illness of passengers from the norovirus on the Carnival ...
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Roulette wheel

Will Caesars Entertainment Survive the Damning Examiner’s Report?

Embattled casino operator Caesars Entertainment Corp. (NYSE: CZR) was dealt another blow Tuesday when a nonbinding examiner’s report determined that $3.6 billion to $5.1 billion worth of assets were unfairly stripped ...
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Pair of dice

Red Rocks Updates IPO Filing

Red Rocks Resorts has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). No pricing details were given in the ...
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hotel

Starwood, Marriott Deal Gets Competition From Chinese Buyer

Shares of Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) popped about 10% in Monday's premarket, following an announcement by the company that it has received a non-binding buyout offer of $76 ...
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Disney cruise

Disney Cruise Line Adds 2 New Ships

Walt Disney Co. (NYSE: DIS) first set sail with its Disney Cruise Line in 1998, providing a family cruise vacation combined with the magic of the Mouse House. Now the ...
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roller-coaster

Credit Suisse Sees Huge Upside in Cruises and Theme Parks

The entertainment sector, particularly travel and leisure, can be fun to be involved in and can be great fun for consumers. That being said, sometimes it can be a hard ...
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Disney

Will the Shanghai Disney Resort Outshine Disneyland and Disney World?

Walt Disney Co. (NYSE: DIS) has a lot going for it, even if there has been a continued cloud over ESPN and cord-cutters. One area that is huge for Disney ...
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Pair of dice

Red Rock Resorts Prepares for IPO

Red Rock Resorts has registered an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the ...
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Pair of dice

Las Vegas Sands Confirms Lower Earnings Trends

Las Vegas Sands Corp. (NYSE: LVS) has released its quarterly earnings report for the period ending December 31, 2015. The casino and resort operator announced that its net revenue for ...
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