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Stock Market & Financial Investment News

News Breaks
March 28, 2012
11:36 EDTASCA, MGMAmeristar has improved chance to win Massachusetts license, says Imperial
Imperial Capital believes Ameristar Casinos (ASCA) has an improved chance to win a gaming license in Massachusetts after MGM Resorts (MGM) announced that it was ending its development proposal for Western Massachusetts. The firm notes Ameristar has acquired a site in the town of Springfield and was going to compete with MGM Resorts for the Western Massachusetts license. However, Imperial notes the timing of gaming licenses could be later than expected after the Massachusetts Gaming Commission officials indicated yesterday that it could take 18-24 months to evaluate all applications for the three gaming licenses.
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August 28, 2014
09:32 EDTMGMNevada reports July statewide gaming win up 0.65% to $931.8M
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August 26, 2014
07:26 EDTMGMMacau estimates lowered at Morgan Stanle
Morgan Stanley lowered Macau 2014 growth estimates to 6% from 12% and 2015 to 11% from 12.5% due to expectations for VIP trends to continue to deteriorate given the China macro impact and notes slowing mass growth rates.

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