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News Breaks
June 24, 2014
11:03 EDTMGM, CZR, WYNNMassachusetts allows ballot measure on casino-law reverse, WSJ says
The Massachusetts Supreme Judicial Court is allowing a ballot measure this fall that will allow a vote on whether to overturn a state gambling law that allows up to three resort-style casinos and one slots-only parlor. Publicly traded companies in the space include MGM Resorts International (MGM),Caesars Entertainment Corporation (CZR), and Wynn Resorts Ltd. (WYNN). Reference Link
News For MGM;CZR;WYNN From The Last 14 Days
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July 28, 2014
13:12 EDTWYNNWynn Resorts technical comments before results
In the past three months shares have performed in line with broader averages. The trading range has been well-defined with it largely contained between a low at $200 and a high at $220. At the current price of $210.09, the stock is in the middle of that range. The trading range bounds will be important presuming that there is sufficiently strong news, positive or negative, to move through them. It is possible that more or less neutral results and guidance will keep the current range intact. If news is better than expected, a move above $220 could be expected. Resistance above is at $227.46 and $229.65. On weaker results and guidance, a move below $200 could be expected. Such a move would call the long-term uptrend into question and would be bearish for future price. Support below $200 would be at $193.64 and then at $191.83.
July 25, 2014
09:32 EDTCZR, MGM, WYNNNevada reports June statewide gaming win up 14.4% to $906.9M
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July 24, 2014
10:43 EDTWYNNWynn Resorts August weekly volatility increases into Q2 and Macau outlook
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July 14, 2014
14:04 EDTCZR, MGM, WYNNNJ reports Atlantic City June gaming win $236M
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