Watch for Wynn Resorts to Potentially Rebound After Falling 1.57% Yesterday
Comtex SmarTrend(R) - Mon Jul 07, 4:33PM CDT
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $206.40 to a high of $210.93. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $207.64 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Wynn Resorts Falls 1.57% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Mon Jul 07, 4:32PM CDT
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $206.40 to a high of $210.93. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $207.64 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Gambling Stock Roundup: Macau June Results, Caesars Acquisition & Penn National's Strive for Gaming License in Focus - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 07, 1:57PM CDT
Last week began with the release of Macau gross gaming revenues for the month of June by the Gaming Inspection and Coordination Bureau.
Why Las Vegas Sands Is Underperforming in 2014
Travis Hoium, The Motley Fool - Motley Fool - Mon Jul 07, 12:40PM CDT
It may be hard to imagine, but Las Vegas Sands has underperformed the broader market by a wide margin in 2014. This is despite growing revenue 21.4% in the first quarter to $4.01 billion and earnings per share jumping 36.6% to $0.97. But...
A $40 Billion Opportunity in Asia for These Casinos
Wayne Duggan, The Motley Fool - Motley Fool - Mon Jul 07, 9:56AM CDT
There has been a lot of buzz lately about the legalization of gambling in Japan. If Japanese Prime Minister Shinzo Abe gets his way, a $40 billion annual gaming market could be open for business by the end of 2014. This prospect has gaming companies...
Why Melco Crown Has Struggled in 2014
Travis Hoium, The Motley Fool - Motley Fool - Wed Jul 02, 9:45AM CDT
It's been a rough year for gaming stocks, particularly last year's highflier Melco Crown . After climbing 126% last year, the stock was down 11% in the first half of 2014 as some of the shine wore off the stock. MPEL data by YCharts . ...
Macau June Gambling Revenues Decline as World Cup Diverts Bettors - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 02, 8:40AM CDT
According to Macau's Gaming Inspection and Coordination Bureau, gross gaming revenue in Macau for the month of June declined 3.7% to $3.4 billion.
'Fast Money' Recap: Let Your Winning Trades Keep Running
at The Street - Wed Jul 02, 4:00AM CDT
The trading panel discussed yet another closing high for the S&P 500 and DJIA plus what they are buying and selling.
Worst may be over in Macau
at Investor's Business Daily - Tue Jul 01, 5:54PM CDT
Macau officials said total gambling revenue for the Chinese casino resort locale fell 3.7% in June vs. the same month a year earlier, to $3.41 bil, the 1st annual decline for a single month in nearly 5 years. But shares of Macau-centric casinos such...
Watch for Wynn Resorts to Potentially Pullback After Gaining 1.24% Yesterday
Comtex SmarTrend(R) - Tue Jul 01, 4:52PM CDT
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $207.64 to a high of $212.36. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $211.01 on volume of 1.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Wynn Resorts Set to Possibly Pullback After Yesterday's Rally of 1.24%
Comtex SmarTrend(R) - Tue Jul 01, 4:51PM CDT
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $207.64 to a high of $212.36. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $211.01 on volume of 1.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Why You Should Keep Betting on Las Vegas Sands' Management
Bradley Seth, McNew, The Motley Fool - Motley Fool - Tue Jul 01, 12:00PM CDT
Las Vegas Sands CEO Sheldon Adelson. Photo: Bloomberg With strong growth in Asia over the last few years and sound investment decisions that have left competitors like Wynn Resorts and MGM Resorts struggling to keep up, Las Vegas Sands is...
Worst Of Macau's Gambling Slowdown Is Seen As Over
at Investor's Business Daily - Tue Jul 01, 10:59AM CDT
Revenue for Macau casinos fell in June, confirming what analysts have been forecasting for months, but casino stocks jumped on hopes that the worst of the recent slowdown may be over. Macau's Gaming Inspection and Coordination Bureau said Tuesday...
Recognitions, Grand Hotel Opening, and Market Activity - Analyst Notes on Las Vegas Sands, Wynn Resorts, MGM Resorts, Marriott and Royal Caribbean
PR Newswire - Tue Jul 01, 4:00AM CDT
Today, Analysts Review released its analysts' notes regarding Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM), Marriott International Inc. (NASDAQ: MAR) and Royal Caribbean Cruises Ltd. (NYSE: RCL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4302-100free.
Gambling Stock Roundup: MGM Resorts, Melco Crown & Others Up on Prospects of Legalization of Gambling in Japan - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 30, 10:53AM CDT
MGM Resorts International (MGM), Melco Crown Entertainment Limited (MPEL) were up on Prospects of legalization of gambling in Japan.
Caesars to Shut Showboat: Is Atlantic City Losing its Shine? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 30, 8:00AM CDT
Caesars Entertainment Corporation (CZR) has announced its plan to shutter its Showboat property in Atlantic City to trim East Coast gambling hub operations due to persistent revenue declines and rising property taxes in the region.
Sands, others see VIP gains
at Investor's Business Daily - Fri Jun 27, 5:37PM CDT
Las Vegas gambling revenue in May surged 17% vs. a year earlier, to $592.9 mil, which could boost Vegas-based casinos like Las Vegas Sands (LVS), MGM Resorts Int'l (MGM) and Wynn Resorts (WYNN). Increased baccarat play by high-roller "VIP" gamblers...
Sands, Other Vegas Casinos Hit Hot VIP Streak In May
at Investor's Business Daily - Fri Jun 27, 12:30PM CDT
Las Vegas hit a winning streak in May as gambling revenue surged 17% compared with the same month last year. That could lift shares of Las Vegas Sands (LVS) and other Vegas-based casinos. Nevada's Gaming Control Board said Friday that gambling...
Casino Stocks Up on Prospects of Legalization of Gambling in Japan - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 27, 8:30AM CDT
Share prices of leading casino operators moved up after Japanese Prime Minister reportedly announced plans to legalize gambling before the Tokyo Olympics in 2020.
Watch for Wynn Resorts to Potentially Pullback After Gaining 2.18% Yesterday
Comtex SmarTrend(R) - Thu Jun 26, 4:09PM CDT
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $206.13 to a high of $210.15. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $204.98 on volume of 1.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.