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Posts related to ‘Casinos’

angrybear

The Best Short-Selling Opportunities Of The Year (C)(GE)(F)(SBUX)(SIRI)

Posted: July 5, 2009 at 5:54 pm

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 ...
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Does ‘Going Concern’ Removal Change MGM’s Position? (MGM)

Posted: June 24, 2009 at 9:31 am

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 ...
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Giving Away Vegas To Get Traffic in Vegas (WYNN, LVS, MGM)

Posted: June 18, 2009 at 10:40 am

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 ...
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Media Digest 5/19/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 19, 2009 at 2:53 am

Reuters:   Twitter will release business tools in an attempt to make money. Reuters:   A GM (GM) bankruptcy is seen as nearly inevitable. Reuters:   American Express (AXP) will cut 4,000 jobs. ...
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Melco Crown Raising Cash (MPEL, WYNN, LVS)

Posted: April 13, 2009 at 12:13 pm

Melco Crown Entertainment Limited (NASDAQ: MPEL) has just filed with the SEC to raise up to $400 million in cash.  This is via a sale of ADS's and underwriters were ...
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Wynn Resorts Raises Cash (WYNN)

Posted: March 17, 2009 at 8:38 am

Wynn Resorts, Limited (Nasdaq: WYNN) has priced a public secondary offering 9,600,000 shares, down from the 7 million shares originally  planned.  The secondary offering was priced at $19.00 per share.   ...
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Boyd Gaming Files To Raise Cash (BYD)

Posted: December 12, 2008 at 3:17 pm

Boyd Gaming Corporation (NYSE: BYD) has filed with the SEC to raise up to $750 million in cash via securities sales.  The company can sell any combination of common stock, ...
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Wynn Secondary Offering Should Be A ‘How-To-Model’ (WYNN, LVS)

Posted: November 14, 2008 at 7:54 am

Wynn Resorts Limited (NASDAQ: WYNN) accomplished a capital raise which looks to be at a far less of a discount and at much better terms than the recent financing over ...
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In the Land of Duh!: Moody’s Downgrades Las Vegas Sands (LVS)

Posted: November 12, 2008 at 12:59 pm

Moody's had had the corporate debt ratings of Las Vegas Sands Corp.(NYSE: LVS) on review for possible downgrade since mid-July.  Just today, the debt ratings agency announced that it has ...
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Caesar Shows Thumb Down on Las Vegas Sands (LVS)

Posted: November 11, 2008 at 12:59 pm

Las Vegas Sands Corp. (NYSE: LVS) has just re-opened for trading after being halted all day.  After the news today it is of little surprise that the stock is being ...
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Las Vegas Sands Gets A Lifeline (LVS)

Posted: November 11, 2008 at 10:10 am

Las Vegas Sands Corp. (NYSE: LVS) initially showed up on our day trader alerts this morning as one of the Macau casino movers.  But right before the open Las Vegas ...
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Looking Inside Wynn’s Vault (WYNN)

Posted: July 24, 2008 at 3:18 pm

We just got earnings out of Wynn Resorts Ltd. (NASDAQ: WYNN).  The ultra-high-end casino operator posted non-GAAP EPS of $1.11 on revenues of $825.2 million (after a 50% gain in ...
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Steve Wynn About To Show His Pocketbook (WYNN)

Posted: July 24, 2008 at 2:07 pm

Very shortly after today's close we are going to get a good glimmer into the overall health of casino stocks as Wynn Resorts Ltd. (NASDAQ: WYNN) is going to be ...
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Penn Actually Wins In Merger Implosion (PENN, FIG)

Posted: July 3, 2008 at 8:48 am

Penn National Gaming Inc. (NASDAQ: PENN) has been considered a dead merger for quite some time, yet it only officially became a dead merger this morning.  This was the last ...
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Las Vegas Sands (LVS): The Wages Of Sin Get Expensive

Posted: May 1, 2008 at 8:53 am

Divide the chips as you will. Las Vegas Sands (LVS) had a pitiful quarter. Revenue rose from $628 million to $1.079 billion. The good news ended there.Operating income fell from ...
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