Things really must be getting better in Las Vegas, even if the city has one of the worst housing markets in the country. It may mostly be that Vegas casinos ... Read Full Story »
This will not be a shock to many investors and it has been a highly telegraphed deal. Harrah's is coming public, again. Harrah's Entertainment, Inc. has announced that it has ... Read Full Story »
Last week private equity firms Apollo Management LP and TPG filed documents with the US Securities and Exchange Commission for an IPO of Harrah's Entertainment Inc., the gaming firm the ... Read Full Story »
MGM Resorts International (NYSE: MGM) has been under pressure this morning on news that Kirk Kerkorian and the company were selling shares in a secondary offering. The secondary offering priced, ... Read Full Story »
The companies that own bricks-and-mortars casinos have never been big fans of online gambling. In this they have been on the same side as the US Congress, which, in 2006, ... Read Full Story »
The end-game reward on how much MGM Resorts International (NYSE: MGM) will add for shareholder value via a Hong Kong IPO of its MGM China Holdings Limited in Macau is ... Read Full Story »
Global Cash Access Holdings, Inc. (NYSE: GCA) just became Global Cashless Access if you look at the trading volume today. A death spiral volume alert was seen at VSInvestor.com this ... Read Full Story »
Las Vegas Sands Corp. (NYSE: LVS) failed to see any huge boost of its Asian asset IPO in Hong Kong. Shares fell 10% on its debut that raised about $2.5 ... Read Full Story »
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is holding up better than many might have expected after the stellar rise seen in the casino stocks with Macau ties. Melco Crown turned ... Read Full Story »
Wynn Resorts Ltd. (NASDAQ: WYNN) may have set a high bar for Las Vegas Sands Corp. (NYSE: LVS) and its earnings report today, but cost cuts helped the company to ... Read Full Story »
News out of Macau, China is crushing some of the gambling stocks that have direct operations in Macau. It looks like the Chinese are considering curbing the number of gambling ... Read Full Story »
Today we had earnings from casino rivals Wynn Resorts Ltd. (NASDAQ: WYNN) and Las Vegas Sands Corp. (NYSE: LVS). While many consider these companies very similar for having higher-end operations ... Read Full Story »
We have two very pertinent earnings this week for casino and resort investors from rivals Wynn Resorts, Limited (NASDAQ: WYNN) and Las Vegas Sands Corp. (NYSE: LVS). Wynn will release ... Read Full Story »
Las Vegas Sands Corp. (NYSE: LVS) has been all over the news today on reports that the company may conduct an initial public offering for its Macau assets. The company ... Read Full Story »