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Posts related to ‘Casinos’

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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Social Media a Path to Online Gambling (FB, ZNGA, MGM, WYNN, CZR, IGT, BYI, BYD)

Posted: June 22, 2012 at 8:17 am

It’s been six years since the US Congress outlawed “illegal online gambling” without ever defining what the term meant. Congress did say what it wasn’t however: it is not illegal ...
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Las Vegas Sands Folds on Macau Land Appeal (LVS, MPEL, WYNN, MGM)

Posted: June 1, 2012 at 8:09 am

As of the end of 2011, Las Vegas Sands Corp. (NYSE: LVS) had spent $101.5 million on developing a project in Macau for which it did not have the required ...
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Nevada Gambling Revenues Down -11% (MGM, LVS, WYNN, CZR)

Posted: May 10, 2012 at 12:47 pm

In its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for March 2012 came in at $854.6 million, down -10.86% compared with ...
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A Real Macau Win for Wynn? (WYNN, MPEL)

Posted: April 18, 2012 at 2:34 pm

Do you remember the “Do over!” SEC filing from Wynn Resorts Ltd. (NASDAQ: WYNN) a few weeks back? Everyone assumed it meant a deal was all but done, but now shares ...
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Caesars Files To Unload $500 Million More in Stock (CZR)

Posted: March 15, 2012 at 11:57 am

Caesars Entertainment Corporation  (NASDAQ: CZR) has just filed to sell up to $500 million shares of common stock.  If you will recall, this was a tiny initial public offering and ...
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Caesars, A Sham Of An IPO… Beware The Ides of March (CZR, APO, GS, WYNN, LVS)

Posted: February 8, 2012 at 11:41 am

Caesars Entertainment Corporation (NASDAQ: CZR) is beyond weird when it comes to initial public offerings.  This was one of our TOP 17 IPOS TO WATCH IN 2012.  We also make ...
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Caesars IPO… From Odd To Just Bizarre (CZR)

Posted: February 3, 2012 at 3:02 pm

Caesars Entertainment Corporation is supposed to be one of the Top 17 IPOs to Watch in 2012.  That remains the case, but it is not because we have such admiration ...
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Slot-Machine Maker Buys Facebook Casino Gamemaker (IGT, ZNGA)

Posted: January 13, 2012 at 1:53 pm

With the Facebook IPO bus scheduled to leave the station sometime this year, there is very likely to be rush to get onboard. Slot machine maker International Gaming Technology (NYSE: ...
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The 17 Most Important IPOs To Watch In 2012

Posted: January 6, 2012 at 10:04 am

The initial public offering market  in 2012 is likely to be much stronger than many anticipate. Despite the lingering uncertainty and the underperformance of many popular IPOs in 2011, this ...
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TripAdvisor Names Financial Leadership Before IPO (EXPE)

Posted: October 3, 2011 at 11:05 am

TripAdvisor is supposed to be the next spin-off IPO and it in theory has kept a phantom premium under Expedia Inc. (NASDAQ: EXPE) during the market carnage of the last ...
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Melcro Crown: How Macau Is An Earnings Haven (MPEL, WYNN, LVS)

Posted: August 23, 2011 at 10:03 am

There is a trend happening about gambling in Asia, and it no longer just involves Asian businessmen flying to Las Vegas.  This is about Macau, and the pure-play for Macau ...
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Beyond Dodd-Frank… Frank-Paul Marijuana Legalization Legislation? (MO, RAI, BUD, TAP, PEP)

Posted: June 22, 2011 at 5:20 pm

If Altria Group Inc. (NYSE: MO), Reynolds American Inc. (NYSE: RAI), Anheuser-Busch InBev (NYSE: BUD), and Molson Coors Brewing Company (NYSE: TAP)  should keep an eye on efforts to legalize ...
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Macau Drives Very Positive Credit Metrics For Casino Operators, Upgrades Seen and More To Follow (WYNN, LVS, MPEL)

Posted: June 15, 2011 at 11:18 am

The ratings agencies get bashed a lot, including by us, for being extremely late to the downgrade party.  The fault of one area is still not the fault of all.  ...
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