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Stock Market & Financial Investment News

News Breaks
June 13, 2014
11:47 EDTMGMMGM Sprinfield awarded casino license in Massachusetts
MGM Resorts received a unanimous vote from the Massachusetts Gaming Commission approving an agreement to award MGM Springfield a license to operate a resort casino in Downtown Springfield. This is the first approval of a casino license in the Commonwealth. The Commission's decision comes after an extensive two-year process of hearings and background investigations culminating in a final week of hearings and deliberations.
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August 21, 2015
07:17 EDTMGMMacau 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).
August 18, 2015
07:13 EDTMGMMacau GGR poised to sink 37% in August, says Bernstein
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August 14, 2015
13:03 EDTMGMOmega Advisors gives quarterly update on stakes, discloses stake in Google
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