How Marriott Vacations Disappointed on Earnings
Marriott Vacations Worldwide reported disappointing fiscal third-quarter financial results before the markets opened on Thursday.
Casinos & Hotels
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Playa Hotels & Resorts Files for IPO
Playa Hotels & Resorts has filed with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO).
Eldorado Resorts Places $1.7 Billion Bet on Expansion
Eldorado Resorts said Monday that it has entered a definitive agreement to acquire Isle of Capri Casinos for about $1.7 billion.
Has the Ongoing Decline in Macau Gaming Revenue Finally Ended?
August's gross gaming revenues in Macau reportedly were up more than 1%, giving a boost to the top casino players with Macau operations and expansion plans.
Caesars Shares Bust on Bankruptcy Ruling
A Chicago judge in the U.S. Bankruptcy Court system ultimately ruled that Caesars would not be shielded from roughly $11 billion in bondholder lawsuits against the company.
Vail Posts All-Time High on $1 Billion Whistler Blackcomb Acquisition
Resort operator Vail Resorts said Monday that it had agreed to a cash and stock deal to acquire Toronto-traded Whistler Blackcomb.
$30 Billion Airbnb Valuation Challenges New Bear Market Thesis
The debate between bulls and bears over the general stock market continues on as the S&P 500, Dow Jones and the Nasdaq all have failed to make much headway since February 2015. Stalled bull…
Analysts Look Positive on Red Rock Resorts After IPO Quiet-Period Expiration
Red Rock Resorts has seen its post-IPO quiet period come to an end and several brokerage firms have started coverage.
Starwood Hotels Beats Q1 Earnings Estimates
Starwood Hotels & Resorts Worldwide released its first-quarter earnings report before the markets opened on Tuesday.
What to Look for in Starwood Hotels Earnings
Starwood Hotels & Resorts Worldwide is scheduled to report its first-quarter financial results before the markets open on Tuesday.
Las Vegas Sands Asian Revenues Plummet
Las Vegas Sands Corp. (NYSE: LVS) stock traded down nearly 12% at one time Thursday morning after the company reported revenues below consensus estimates and profits that were far below expectations. Revenues totaled $2.72…
Las Vegas Sands Sees Profit Taking on Disappointing Earnings and Revenues
Las Vegas Sands Corp. (NYSE: LVS) has gone from out of favor with the Macau casino exposure to being back in favor. A 50% rally from its low of $34.88 ought to at least…
Red Rocks Resorts Announces Potential Pricing of IPO
Red Rocks Resorts intends to price more than 27 million shares in the expected price range of $18 to $21 per share in and initial public offering valued up to about $658 million.
MGM REIT to Raise $1.2 Billion in IPO
MGM Growth Properties has filed documents with the SEC to sell 50 million shares of common stock to raise more than $1 billion in an initial public offering (IPO).
Las Vegas Sands Settles FCPA Charges With SEC
The SEC has announced that Las Vegas Sands has agreed to pay $9 million in penalties to settle charges that it violated the Foreign Corrupt Practices Act.