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News Breaks
November 8, 2012
09:40 EDTBYD, WYNN, LVS, PENN, HOT, MPEL, MGMNevada reports September Las Vegas Strip gaming win up 1.2% to $496.82M
News For HOT;WYNN;MGM;PENN;BYD;MPEL;LVS From The Last 14 Days
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September 30, 2015
09:31 EDTPENN, MGM, BYD, WYNN, LVSLas Vegas reports August gaming win down 1.4% to $908.24M
Las Vegas strip August gaming win fell 4.7% to $527.38M. Publicly traded companies in the casino space include Boyd Gaming (BYD), Caesars (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
09:08 EDTHOTWyndham appoints Chip Ohlsson as Chief Development Officer
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08:34 EDTHOTStratus Properties completes purchase of Block 21 JV
Stratus Properties (STRS) announced that on September 28, 2015, Stratus completed its previously announced acquisition of Canyon-Johnson Urban Fund II, L.P.'s approximate 58% joint venture interest in CJUF II Stratus Block 21 LLC, which owns a 36-story mixed-use development in downtown Austin, Texas, anchored by the W Austin Hotel & Residences (HOT), for approximately $62M. Stratus funded its acquisition of Canyon-Johnson's interest in Block 21 with approximately $32.3M of proceeds from its non-recourse term loan with Bank of America (BAC), a $20M term loan under Stratus' credit facility with Comerica Bank (CMA), and approximately $9.7M in cash. The Sale and Purchase Agreement contains customary representations and warranties, and the parties have agreed to indemnify each other in connection with the breach of such representations and warranties. Block 21 is now a wholly-owned subsidiary of Stratus. As of September 28, 2015, in addition to its real estate assets, Block 21 had cash and cash equivalents of approximately $22.8M.
07:42 EDTWYNN, MPEL, LVS, MGMMacau casinos have new concern with junket embezzlement scandal, WSJ says
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07:35 EDTWYNNWynn Resorts unsure when Macau VIP rebound will occur, says Stifel
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07:07 EDTWYNN, PENN, BYDDeutsche Bank to hold a conference
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September 29, 2015
10:57 EDTPENNPenn National to hold an investor meeting and facility tour
Management holds an Investor Meeting and Facility Tour to introduce their recently acquired property, The Tropicana, in Las Vegas on September 29 at 9 pm.
09:19 EDTMPELDeutsche Bank to hold a conference
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06:53 EDTLVS, WYNNMacau casino shares drop as Neptune warns of VIP gamers, Reuters says
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06:07 EDTWYNNInternational Game applications to be installed at Wynn Las Vegas
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September 28, 2015
15:37 EDTBYD, MGM, LVS, WYNNLas Vegas Sands abandons plans for South Florida casino, LVRJ says
Las Vegas Sands' (LVS) senior vice president of government relations confirmed published reports that the company has abandoned its effort to build a casino-resort in South Florida, reported the Las Vegas Review Journal. The report, which noted that Wynn Resorts (WYNN), MGM Resorts (MGM), Boyd Gaming (BYD) and Genting Berhad were also involved in the Florida efforts, said that Sands will now focus its attention on a potential development in Georgia. Reference Link
08:17 EDTHOTStarwood says W brand to debut in Serbia in 2019
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07:50 EDTMGM, WYNN, PENN, BYD, LVSUBS and Deutsche Bank to co-host a forum
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September 25, 2015
05:22 EDTHOTQunar announces partnership with Starwood
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September 24, 2015
07:40 EDTWYNNWynn Resorts volatility increases as shares trend lower
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September 23, 2015
15:44 EDTWYNN52-week low stocks with active options: WYNN SNCR PX MON MOS DECK
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08:48 EDTHOTStarwood makes debut in Montana
Starwood Hotels & Resorts announced the debut of its eco-wise Element brand in Bozeman with the opening of Element Bozeman, marking the first Starwood hotel in the state of Montana. Owned by a group of Bozeman investors, the newly constructed Element hotel offers a stylish and sustainable new option for travelers with 104 light-filled rooms and an atmosphere designed to fuel a life in balance while on the road.
September 22, 2015
12:53 EDTWYNNWynn Interactive withdraws license application for NJ online gambling, AP says
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09:13 EDTHOTStarwood to expand presence in Brazil with signing of Sheraton Santos Hotel
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09:06 EDTHOTStarwood expands in Brazil with signing of Sheraton Santos Hotel
Starwood announced its presence in Brazil will expand with the signing of Sheraton Santos Hotel, owned by local real estate developer Grupo Mendes. The signing comes on the heels of the recent reopening of Sheraton Barra Rio de Janeiro Hotel in May and, fitting for the Sheraton brand, will be the first international upper-upscale hotel in Santos in the state of Sao Paulo.
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