Unloading MGM (MGM)
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 »
Posts related to ‘Casinos’
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Casino Watch: Internet Gambling Foes Could Be New BFFs (LVS, WYNN, MGM, MPEL)
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 »
How Much Can MGM Macau IPO Add to MGM Shareholder Value? (MGM, MPEL, LVS, WYNN)
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 Loses Largest Customer (GCA, GPN)
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 »
A Hard Day For Las Vegas Sands
A bad day for Las Vegas Sands From Reuters. Douglas A. McIntyre ...Read Full Story »
Sands IPO Continues to Highlight Macau Risks (LVS, WYNN, MPEL, MGM)
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 Outlines IPO Risks at Las Vegas Sands, MGM Too (MPEL, LVS, MGM, WYNN)
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 »
Les Vegas Sands Wins on Cost Cuts (LVS, WYNN)
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 »
Regulatory Risks Hit Macau Casinos (WYNN, LVS, MPEL)
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 »
Wynn vs. Las Vegas Sands, A Tale of Two Casinos (WYNN, LVS)
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 »
Casino Earnings Duel: Wynn vs Las Vegas Sands (WYNN, LVS)
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 »
What Is Macau IPO Really Worth to Las Vegas Sands (LVS, MPEL, WYNN)
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 »
The Best Short-Selling Opportunities Of The Year (C)(GE)(F)(SBUX)(SIRI)
There is still some conversation about the federal government restricting short-selling activity in certain stocks. The counterargument to these restrictions is that short selling plays an important role in the ...Read Full Story »
Does ‘Going Concern’ Removal Change MGM’s Position? (MGM)
Last night we had an interesting volume spike alert in the after-hours trading in shares of MGM Mirage (NYSE: MGM). It turns out that the spike was because the company's ...Read Full Story »
Giving Away Vegas To Get Traffic in Vegas (WYNN, LVS, MGM)
If you have ever stayed at the Wynn resort or the even newer Encore in Las Vegas, you will know that calling either a high-end resort and casino destination may ...Read Full Story »
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