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Stock Market & Financial Investment News

News Breaks
March 18, 2013
05:56 EDTLVS, MGM, MPEL, WYNNThe Philippines places its bet on casinos, WSJ reports
This weekend, the Philippines opened its bid to become Asia's third gambling hub with the opening of a $1.2B, as the region battles the U.S. for supremacy in the global gambling market, reports the Wall Street Journal. Reference Link
News For MPEL;LVS;WYNN;MGM From The Last 14 Days
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April 23, 2014
14:52 EDTLVSLas Vegas Sands April 78 straddle priced for 4.7% move into Q1
April 22, 2014
10:18 EDTWYNN, WYNNWynn Resorts price target raised to $350 from $250 at CLSA
10:18 EDTMPEL, MPELMelco Crown price target raised to $59.50 from $53 at CLSA
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07:52 EDTLVSLas Vegas Sands April weekly volatility elevated at 66 into Q1 and outlook
Las Vegas Sands April weekly call option implied volatility is at 66, May is at 35, June is at 31, September is at 29; compared to its 26-week average of 31 according to Track Data, suggesting larger near term price movement into the expected release of Q1 results on April 24.
April 21, 2014
11:24 EDTWYNNOptions with increasing implied volatility: RL EPB WYNN
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06:18 EDTWYNN Wynn Resorts implied volatility of 48 at upper end of index mean range
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April 17, 2014
10:12 EDTWYNNOptions with decreasing implied volatility: WYNN
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April 16, 2014
11:10 EDTWYNNOptions with increasing implied volatility: YOKU HLF WYNN UA
05:52 EDTWYNNStocks with implied volatility movement; LAMR WYNN
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April 15, 2014
14:58 EDTWYNNWynn Resorts April weekly volatility elevated into Q1 and outlook
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08:01 EDTMGMMGM Resorts and Hakkasan Group form joint venture hotel management company
MGM Resorts International and Hakkasan Group announced the formation of a joint venture hotel management company, to be named MGM Hakkasan Hospitality. The strategic alliance will focus on the design, development and management of luxury non-gaming hotels, resorts and residential offerings under the Bellagio, Hakkasan, MGM Grand and SKYLOFTS brands in key international gateway cities and prime resort destinations across the globe. All of the hotel and resort projects currently under development by each group will be contributed to the joint venture, including MGM projects in the Americas, the Middle East, and Asia; and Hakkasan projects in Abu Dhabi and Dubai.
April 14, 2014
14:06 EDTMGM, LVS, WYNNNew Jersey reports March Atlantic City gaming win down 2.2% to $233.4M
New Jersey reported total gaming win from the casino hotels and Internet gaming operations was $233.4M in March, a 2.2% decline compared to the casino win for the same month of last year, including Atlantic Club. Casino win from the eleven casino hotels open in both March 2013 and 2014 decreased by 1.9%. Internet gaming win increased 15.2% for the month, from $10.3M in February to $11.9M for March. 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).
April 11, 2014
10:07 EDTMGMMGM Resorts volatility increases into Q1 and Macau outlook
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April 10, 2014
10:24 EDTWYNN, MPEL, MGM, LVSMGM holds up amid broader downtrend after analyst recommends stock
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08:14 EDTMGMMGM Resorts weakness creates long-term buying opportunity, says Stifel
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April 9, 2014
10:33 EDTWYNN, MGM, LVSBofA/Merrill's gaming analysts hold an analyst/industry conference call
Gaming Analysts provide an industry update and outlook on an Analyst/Industry conference call. Relevant covered companies LVS, WYNN, MGM, PENN, PNK, CZR, BYD and IGT may be discussed on the Analyst/Industry conference call to be held on April 15 at 10:30 am.

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