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Stock Market & Financial Investment News

News Breaks
June 9, 2014
10:07 EDTLVS, MPEL, WYNMF, WYNN, MGMJune Macau gaming revenue trending below estimate, says Wells Fargo
Wells Fargo says that based on its channel checks through June 8, June Macau gaming revenue growth is trending between 1%-5% year-over-year compared to its estimate of up 6.5%. The firm says that while it remains positive on the longer-term growth in Macau, 2014 could be "choppy" given the potential slowdown in VIP driven by decelerating credit growth and a softer macro environment. Wells still views Las Vegas Sands (LVS) as its top pick in the space. Note Union Gaming Research today downgraded shares of Melco Crown (MPEL), Wynn Macau (WYNMF) and others in the space.
News For LVS;MPEL;WYNMF;WYNN;MGM From The Last 14 Days
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September 16, 2014
14:29 EDTWYNNMassachusetts votes to award license to Wynn Resorts
The Massachusetts Gaming Commission stated on its official Twitter feed that it voted 3-1 to award the Region A license to Wynn. Reference Link
13:52 EDTWYNN, MPEL, MGM, LVSMacau casino owners drop after negative note from analyst
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11:22 EDTWYNN, MPEL, MGM, LVSMorgan Stanley sees negative revisions to Macau consensus estimates
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09:51 EDTMGMMGM Resorts falls, levels to watch
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September 12, 2014
14:07 EDTLVS, WYNN, MGMNew Jersey reports August Atlantic City gaming win up 2.3% to $305M
New Jersey reports total Gaming Win from Atlantic City casino hotels and Internet gaming operations was $305M in August, compared to $298.1M in the same month of 2013 including discontinued operators Atlantic Club and Showboat, reflecting a 2.3% increase. Total Gaming Win from the current operators of casino hotels open for the entire month of August and Internet gaming operations was $289.9M in August. Internet gaming win was $10.5M in August, consisting of $2.2M in peer-to-peer win and $8.3M in other authorized games. As of August 31, 431,617 Internet gaming accounts have been created, up 6.5% from the 405,390 accounts as of July 31. 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).
September 10, 2014
18:11 EDTMGMBoyd Gaming issues statement on MGM Resorts relicensing in New Jersey
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18:06 EDTMGMMGM Resorts approved as holding company of casino license in New Jersey
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09:04 EDTWYNN, LVSLas Vegas Sands and Wynn Resorts recommended at Goldman
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September 5, 2014
18:23 EDTMGMMGM Resorts to sell Railroad Pass Hotel to First Federal Realty
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10:05 EDTWYNNOn The Fly: Analyst Downgrade Summary
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07:27 EDTWYNNWynn Resorts downgraded to Hold from Buy at Argus
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September 4, 2014
10:29 EDTLVSOn The Fly: Analyst Downgrade Summary
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07:25 EDTLVSLas Vegas Sands downgraded to Hold from Buy at Argus
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September 3, 2014
09:21 EDTLVSLas Vegas Sands' Q3 revenues tracking below consensus, says ITG Research
ITG Research's checks indicate Las Vegas Sands' Q3 net revenues are tracking to $3.79B vs. consensus of $3.88B and Macau net revenues are tracking to $2.46B vs. consensus $2.53B.
09:21 EDTWYNNWynn Resorts' Q3 revenues trending below consensus, says ITG Research
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September 2, 2014
16:00 EDTLVSOptions Update; September 2, 2014
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15:04 EDTWYNNWynn Resorts breaks important support, levels to watch
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14:16 EDTLVS, MGM, MPEL, WYNNMacau casinos retreat after revenue downturn accelerates
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09:41 EDTWYNNActive equity options trading on open
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07:02 EDTMPEL, MGM, WYNN, LVSMacau reports August casino revenue down 6.1% to 28.88B patacas
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