ThinkstockWhen 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 is spooking…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Monday, January 13.
These arethe top analyst upgrades, downgrades and initiations seen from Wall Street research firms for Tuesday, January 7.
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 Las Vegas…
Thinkstock2013 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 by continuing…
ThinkstockApparently 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 Ltd. (NASDAQ:…
ThinkstockThe 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 casino operators…
ThinkstockCaesars 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 for the…
August 6, 2013: U.S. equity markets opened lower this morning even following a reported increase in U.S. exports and a decrease in U.S. imports that put the country’s trade deficit at its…
August 5, 2013: U.S. equity markets opened lower this morning, lacking any major news of interest from around the globe. In Europe, eurozone non-manufacturing PMI rose slightly even though German PMI was…
ThinkstockThe institutional portfolio team at Oppenheimer is not the only group of analysts looking to technology as one of the best values on Wall Street today. Just yesterday we ran a story…
U.S. equity markets opened higher this morning, buoyed by a smaller-than-expected total of new claims for unemployment benefits in the U.S. (more coverage here). The U.S. trade deficit also fell while unit…
ThinkstockThe first legal online gambling site in the U.S. launched today, ultimatepoker.com, a majority-owned subsidiary of Station Casinos LLC. In order to play, though, you must be able to prove that you…
ThinkstockToday’s launch of real-money gambling in the United Kingdom has sent shares of Zynga Inc. (NASDAQ: ZNGA) soaring this morning. The anticipated launch in a partnership with Bwin.party Digital Entertainment is viewed…
ThinkstockThe journey to any gambling and entertainment mecca is an experience that even non-gamblers often want to put in their travel bucket list. Located off the Chinese coast on the South China…
