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Stock Market & Financial Investment News

News Breaks
November 16, 2012
07:45 EDTMGM, PENNMGM Resorts volatility low; Penn National Gaming REIT spin-off to unlock value
MGM Resorts (MGM)overall option implied volatility of 42 is below its 26-week average of 44 according to Track Data, suggesting decreasing price movement as shares rally in the premarket on Penn National Gaming (PENN) plan to separate its gaming operating assets and real property assets into two publicly traded companies.
News For MGM;PENN From The Last 14 Days
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September 12, 2014
14:07 EDTPENN, 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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September 5, 2014
18:23 EDTMGMMGM Resorts to sell Railroad Pass Hotel to First Federal Realty
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September 2, 2014
14:16 EDTMGMMacau casinos retreat after revenue downturn accelerates
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07:02 EDTMGMMacau reports August casino revenue down 6.1% to 28.88B patacas
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