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Stock Market & Financial Investment News

News Breaks
December 4, 2012
10:04 EDTMGM, WYNN, MPEL, LVSChina looking to tighten regulation of Macau casinos, Reuters says
The Chinese government is pushing the island province of Macau to increase its scrutiny of money transfers, in an attempt to promote more responsible gambling in its casinos, according to Reuters. Companies that own Macau casinos have received clear indications that China's new leadership will put in place tougher regulations, the news service added. Reference Link
News For LVS;WYNN;MGM;MPEL From The Last 14 Days
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September 3, 2015
13:45 EDTWYNNWynn Resorts estimates lowered on Macau weakness at Argus
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September 2, 2015
10:00 EDTWYNNOn The Fly: Analyst Upgrade Summary
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08:22 EDTWYNN, WYNNWynn Resorts upgraded to Buy from Outperform at CLSA
CLSA upgraded Wynn Resorts to Buy from Outperform based on share underperformance and lowered its price target to $104 from $117 on shares.
September 1, 2015
07:03 EDTWYNN, MPEL, LVS, MGMMacau reports August casino revenue down 35.5% to 18.62B patacas
Information on monthly gross revenue from games of fortune published on Macau government website. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).
August 31, 2015
05:37 EDTMGMHulu, Epix announce extensive multi-year agreement
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August 28, 2015
09:34 EDTMGM, LVS, WYNNNevada reports July statewide gaming win down 0.96% to $922.89M
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August 27, 2015
06:03 EDTWYNNWynn Resorts implied volatility of 63 at upper end of index
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August 21, 2015
16:01 EDTLVSOptions Update; August 21, 2015
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07:17 EDTWYNN, MPEL, MGM, LVSMacau developments negative, says Wells Fargo
Wells Fargo says that its checks on Macau for August indicate that the region's revenues are trending flat to down this month. According to Wells, in August the region's revenues are historically up 4% versus July. The firm adds that comments by Macau casino owner Galaxy suggest that the market has not yet bottomed. Wells believes that the market has not yet stabilized and remains neutral on Macau stocks, although it remains upbeat on their long-term outlook. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).

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