Wynn Resorts, Limited (NASDAQ:WYNN)

Casino Entrance

Melco Crown Chasing Wynn and Las Vegas Sands — With Dividends

Melco Crown Entertainment Ltd. (NASDAQ: MPEL), one of Macau's biggest casino operators, said profit doubled in the fourth quarter, thanks to its ability to attract so-called premium mass market gamblers. ...
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Gambling

Casino Stocks Hammered by Drop in Macau Revenues

Gambling revenue growth on the Chinese island of Macau fell to its lowest level in 15 months in January, rising just 7% to $3.6 billion. The drop is attributed to ...
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How Much Is Macau Growth Really Slowing?

When emerging trends start to slow, they look like they are dying. That may not be the case in Macau, but lower growth rates in China and emerging market panic ...
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Wall St Bull statue

Top Analyst Upgrades and Stocks to Buy: AIG, Genworth, SolarCity and More

Stocks are effectively at all-time highs, and this is the first full week of trading for 2014. Wall Street firms are making their annual outlook reports and calling on the ...
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Casino Stocks in 2014: Macau Is the Place to Be

The Macau gambling authority said on Thursday that the island's gambling revenue rose 19% year-over-year in 2013 to $45.2 billion, about seven times the revenue expected from gambling on the ...
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Gambling

Gambling and Casino Stocks May Be Overvalued for 2014

2013 has been a good year for casino stocks, with shares in the five most heavily traded companies up between 50% and more than 100%. That success has been driven ...
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wynn

Wynn Withdraws Pennsylvania Casino Application

It looks like Wynn Resorts Ltd. (NASDAQ: WYNN) is going to keep its high-end domestic growth ambitions localized to Las Vegas, Nevada. Even if it wants to expand domestically, it ...
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Casino Entrance

Sterne Agee Gets Very Positive on Macau Casinos

Apparently things continue to improve in the world of Macau casinos. A new report from Sterne Agee's David Bain is raising expectations for the leaders such as Melco Crown Entertainment ...
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Music Concert

Music Festival Promoter’s IPO Fizzles

SFX Entertainment Inc. (NASDAQ: SFXE) held its initial public offering (IPO) Wednesday morning, selling about 3.8 million shares at an IPO price of $13, the top of its proposed range ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: CSX, Facebook, Valero, Wynn and More

Investors and traders alike are stuck trying to determine what to do with their stocks during a government shutdown and ahead of the debt ceiling debate. Each morning 24/7 Wall ...
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Casino Entrance

Oppenheimer Says Sell These Restaurant, Hotel and Gaming Stocks

For the past year and a half, top hotel, restaurant and leisure stocks have surged on investor interest and very positive sentiment from Wall Street analysts. In a research report out ...
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Gambling

New Macau Project Lifts Casino Shares

The former Portuguese colony of Macau generates about six times the gambling revenue of Las Vegas and now a Macau-based company is going after a piece of the action. U.S.-based ...
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Caesars Finally Gives Up on Macau, Stock Reaches All-Time High

Caesars Entertainment Corp. (NASDAQ: CZR) will sell its golf course property in Macau to developer Pearl Dynasty Investments Ltd. for $438 million, well shy of the $578 million Caesars paid ...
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Wynn Resorts Earnings Light on Weakness in Macau

Wynn Resorts Ltd. (NASDAQ: WYNN) reported second-quarter 2013 results before markets opened this morning. The casino and resort operator posted adjusted diluted earnings per share (EPS) of $1.51 on revenues ...
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Bull and Bear figures

Closing Bell for Friday on Wall Street: Markets Open Lower, Late Rally Boosts Finish

July 26, 2013: U.S. equity markets opened lower this morning on a day when the only U.S. economic data of note was the revised University of Michigan/Thomson Reuters consumer sentiment ...
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