ThinkstockRevenue rose to $35 billion at the Chinese special administrative region of Macau in 2012, up 13.5% for the year after posting a record rise of nearly 20% in December. Predictions of…
ThinkstockIn its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for October 2012 came in at $979 million, up 1.9% compared with October 2011.…
ThinkstockShares of MGM Resorts International (NYSE: MGM) dropped this morning after the company reported a larger-than-expected loss in the third quarter. The company posted an earnings per share (EPS) loss of $0.37,…
Short sellers have actually lightened up on their bets against the casinos and against the gambling machine makers. Perhaps the drop from the highs has taken the easy money out…
Worker productivity is among the most critical measurements used when evaluating businesses and national economies. One way to measure productivity is sales per employee. Companies that can achieve the highest revenue with…
In its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for July 2012 came in at $1 billion, up 17% compared with July 2011.…
Short sellers have not unilaterally increased their bets against casinos, but there was a rise in the short interest in this sector’s leaders on the August 15 settlement date versus the July 31…
You have probably seen that the casinos have sold way off of their highs as the economy has softened. Las Vegas gambling revenues were lower in recent data and word of a…
Bally Technologies Inc. (NYSE: BYI) reported adjusted fourth fiscal quarter earnings per share (EPS) of $0.78 and $246 million in revenues after markets closed yesterday. EPS for the same period a year…
In its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for June 2012 came in at $832.5 million, down -6% compared with June 2011.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research calls this Tuesday morning. Arcos Dorados Holdings Inc. (NYSE: ARCO) started as Neutral at Credit…
The three major US stock indexes opened higher this morning on a report from Europe that German chancellor Angela Merkel now backs bond buying by the European Central Bank.Even a larger-than-expected drop…
The three major US stock indexes opened higher this morning most likely due to the lack of bad news on the Eurozone’s financial troubles (more coverage here). Asian markets got a chance…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday morning. Abercrombie & Fitch Co. (NYSE: ANF) cut to Neutral at Baird…
China’s Macau gambling and free trade zone managed to show growth in July. While the pace was up by only 1.5% in July on a year-over-year basis, the results were better than…
