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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.
News For ASCA;MGM From The Last 14 Days
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July 28, 2015
10:00 EDTMGMNevada reports June statewide gaming win down 8.4% to $830.94M
Reports June Las Vegas Strip gaming win down 16.3% to $445.51M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
July 23, 2015
07:32 EDTMGMLas Vegas Sands results encouraging, says Stifel
After Las Vegas Sands (LVS) reported higher than expected Macau property-level EBITDA, Stifel says that the beat should cause analysts to raise their estimates for the company. The firm adds that the results are encouraging for all "Macau-centric operators." It raised its price target on Las Vegas Sands to $65 from $60 and keeps a Buy rating on the shares. Other companies with a major presence in Macau include Melco Crown (MPEL), Wynn Resorts (WYNN), and MGM (MGM).
July 22, 2015
19:02 EDTMGMOn The Fly: After Hours Movers
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July 15, 2015
09:05 EDTMGMMGM Resorts launches plans for 5,000-seat theater at Monte Carlo
MGM Resorts announced plans for an approximately 5,000-seat theater at Monte Carlo Resort and Casino on the west side of the Las Vegas Strip. While The Park and Arena are expected to open in April 2016, the Monte Carlo theater is projected to host its first act at the end of 2016.
08:26 EDTMGMMGM Resorts shares undervalued, says Stifel
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July 14, 2015
14:00 EDTMGMNew Jersey reports Atlantic City gaming win down 8.2% to $216.5M in June
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12:32 EDTMGMMGM Resorts initiated with a Buy at Gabelli
Target $25.

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