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Stock Market & Financial Investment News

News Breaks
December 10, 2012
14:04 EDTBYD, WYNN, HOT, PENN, CZR, MPEL, MGM, LVSAtlantic City November casino win down 27.9% to $176.6M
The New Jersey Division of Gaming Enforcement said for the three gaming weeks ended Friday, November 30, casino win was down around 13% versus the same three weeks of 2011. During the two preceding gaming weeks ended November 9, which includes the days the casinos were closed for Hurricane Sandy and a second severe storm which impacted New Jersey and the mid-Atlantic region on November 7th, casino win was down approximately 63% compared to the same two weeks of 2011.
News For LVS;CZR;WYNN;MGM;PENN;BYD;MPEL;HOT From The Last 14 Days
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April 23, 2014
09:04 EDTCZRCaesar's to pursue gaming license in Orange County, New York State
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April 22, 2014
10:18 EDTWYNN, WYNNWynn Resorts price target raised to $350 from $250 at CLSA
10:18 EDTMPEL, MPELMelco Crown price target raised to $59.50 from $53 at CLSA
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07:52 EDTLVSLas Vegas Sands April weekly volatility elevated at 66 into Q1 and outlook
Las Vegas Sands April weekly call option implied volatility is at 66, May is at 35, June is at 31, September is at 29; compared to its 26-week average of 31 according to Track Data, suggesting larger near term price movement into the expected release of Q1 results on April 24.
April 21, 2014
11:24 EDTWYNNOptions with increasing implied volatility: RL EPB WYNN
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06:18 EDTWYNN Wynn Resorts implied volatility of 48 at upper end of index mean range
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April 17, 2014
10:12 EDTWYNNOptions with decreasing implied volatility: WYNN
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April 16, 2014
11:10 EDTWYNNOptions with increasing implied volatility: YOKU HLF WYNN UA
11:02 EDTPENNPenn National in partnership with Cordish to pursue NY opportunity
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05:52 EDTWYNNStocks with implied volatility movement; LAMR WYNN
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April 15, 2014
14:58 EDTWYNNWynn Resorts April weekly volatility elevated into Q1 and outlook
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08:01 EDTMGMMGM Resorts and Hakkasan Group form joint venture hotel management company
MGM Resorts International and Hakkasan Group announced the formation of a joint venture hotel management company, to be named MGM Hakkasan Hospitality. The strategic alliance will focus on the design, development and management of luxury non-gaming hotels, resorts and residential offerings under the Bellagio, Hakkasan, MGM Grand and SKYLOFTS brands in key international gateway cities and prime resort destinations across the globe. All of the hotel and resort projects currently under development by each group will be contributed to the joint venture, including MGM projects in the Americas, the Middle East, and Asia; and Hakkasan projects in Abu Dhabi and Dubai.
April 14, 2014
14:58 EDTBYDBoyd Gaming says Borgata/party.poker kept NJ online gambling lead in March
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14:06 EDTWYNN, PENN, LVS, MGM, BYD, CZRNew Jersey reports March Atlantic City gaming win down 2.2% to $233.4M
New Jersey reported total gaming win from the casino hotels and Internet gaming operations was $233.4M in March, a 2.2% decline compared to the casino win for the same month of last year, including Atlantic Club. Casino win from the eleven casino hotels open in both March 2013 and 2014 decreased by 1.9%. Internet gaming win increased 15.2% for the month, from $10.3M in February to $11.9M for March. 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).
08:45 EDTHOTStarwood Hotels debuts Element brand in Bozeman
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April 13, 2014
17:42 EDTCZRCaesar's deal with second-lien bondholders could dilute shares, Barron's says
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April 11, 2014
10:07 EDTMGMMGM Resorts volatility increases into Q1 and Macau outlook
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April 10, 2014
10:24 EDTLVS, MGM, WYNN, MPELMGM holds up amid broader downtrend after analyst recommends stock
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09:01 EDTHOTStarwood Hotels launches Aloft brand in Atlanta, Georgia
Starwood Hotels & Resorts Worldwide announced the grand opening of Aloft Atlanta Downtown, the first Aloft hotel in the state of Georgia. Owned by Tampa-based DeBartolo Development, LLC, and managed by Atlanta-based Banyan Investment Group, the 10-story property in downtown Atlanta underwent a multi-million dollar transformation prior to conversion. Aloft Atlanta Downtown offers 254 spacious, loft-like rooms, forward-thinking technology and a vibrant, social atmosphere.
08:14 EDTMGMMGM Resorts weakness creates long-term buying opportunity, says Stifel
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