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Stock Market & Financial Investment News

News Breaks
June 24, 2014
12:32 EDTWYNN, LVS, MGM, CZR, MPELJapan's Abe to press forward with casino initiative, Bloomberg says
Japanese Prime Minister Shinzo Abe said his ruling party will press forward with the casino initiative and will look to pass a law to legalize casinos in the next session of parliament, says Bloomberg. Publicly traded companies in the space include Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM),Melco Crown Entertainment Limited (MPEL) and Wynn Resorts (WYNN). Reference Link
News For WYNN;LVS;MGM;CZR;MPEL From The Last 14 Days
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September 16, 2014
16:00 EDTLVSOptions Update; September 16, 2014
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14:29 EDTWYNNMassachusetts votes to award license to Wynn Resorts
The Massachusetts Gaming Commission stated on its official Twitter feed that it voted 3-1 to award the Region A license to Wynn. Reference Link
13:52 EDTLVS, MGM, MPEL, WYNNMacau casino owners drop after negative note from analyst
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11:22 EDTLVS, MPEL, MGM, WYNNMorgan Stanley sees negative revisions to Macau consensus estimates
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09:51 EDTMGMMGM Resorts falls, levels to watch
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September 12, 2014
14:07 EDTCZR, LVS, WYNN, 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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09:04 EDTLVS, WYNNLas Vegas Sands and Wynn Resorts recommended at Goldman
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September 8, 2014
15:59 EDTCZRCaesar's engages in talks with bondholders Pimco, Elliott, Bloomberg says
Caesars Entertainment will commence talks with at least five senior bondholders to restructure the $26.7B debt of its largest unit, Bloomberg reports, citing two people with knowledge of the discussions. The senior bondholders, including Pimco, Elliott management, BlackRock, Bridge Capital, and Beach Point, have agreed to enter confidentiality agreements with Caesar to begin formal talks, the sources added. Reference Link
15:00 EDTCZRCaesar's engages in talks with bondholders Pimco, Elliott, Bloomberg says
September 5, 2014
18:23 EDTMGMMGM Resorts to sell Railroad Pass Hotel to First Federal Realty
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11:25 EDTCZRCaesar's in talks on potential sale of Showboat, AP reports
Latitude 360 CEO Brent Brown said he has been in talks with Caesars Entertainment to potentially purchase the former Showboat casino in Atlantic City after Atlantic Properties also publicly expressed interest, reported Associated Press. Reference Link
10:05 EDTWYNNOn The Fly: Analyst Downgrade Summary
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07:27 EDTWYNNWynn Resorts downgraded to Hold from Buy at Argus
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September 4, 2014
10:29 EDTLVSOn The Fly: Analyst Downgrade Summary
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07:25 EDTLVSLas Vegas Sands downgraded to Hold from Buy at Argus
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September 3, 2014
15:27 EDTCZRA group of Caesar's junior bondholders sue company, Bloomberg says
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09:21 EDTLVSLas Vegas Sands' Q3 revenues tracking below consensus, says ITG Research
ITG Research's checks indicate Las Vegas Sands' Q3 net revenues are tracking to $3.79B vs. consensus of $3.88B and Macau net revenues are tracking to $2.46B vs. consensus $2.53B.
09:21 EDTWYNNWynn Resorts' Q3 revenues trending below consensus, says ITG Research
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