Technical Recap on Casinos and Gaming Equities - Melco Crown Entertainment, Wynn Resorts, Pinnacle Entertainment, Caesars Entertainment, and Penn National Gaming
PR Newswire - Thu Dec 04, 8:05AM CST
Investor-Edge has initiated coverage on the following equities: Melco Crown Entertainment Ltd (NASDAQ: MPEL), Wynn Resorts Ltd (NASDAQ: WYNN), Pinnacle Entertainment Inc. (NYSE: PNK), Caesars Entertainment Corporation (NASDAQ: CZR), and Penn National Gaming Inc. (NASDAQ: PENN). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Wednesday, December 03, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,912.62, up 0.18% and the NASDAQ Composite closed at 4,774.47, up 0.39%. The S&P 500 finished the session 0.38% higher at 2,074.33. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day at 565.37, up 0.19%, with the index advancing 3.92% in the previous three months. Register for your complimentary reports on these five stocks at:
PENN: 13.45 (-0.12), PNK: 23.46 (-0.28), MPEL: 25.00 (+0.15), WYNN: 162.92 (-6.65), CZR: 15.68 (-0.46)
Beijing casts a shadow over Macau
Seeking Alpha - at Seeking Alpha - Wed Dec 03, 6:55PM CST
MPEL: 25.00 (+0.15), WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75), MGM: 21.97 (-0.16)
The 1 Thing That Would Make Me Sell Las Vegas Sands Stock
Bradley Seth McNew, The Motley Fool - Motley Fool - Wed Dec 03, 12:24PM CST
Logo: Las Vegas Sands Corp. Shares of Las Vegas Sands have dipped in the last two quarters, down nearly 30% since their high of $87 in April 2014. The reason this stock has been beaten up lately is the decline in revenues in Macau, an...
WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75), MGM: 21.97 (-0.16)
Melco Crown Long & Wynn Short - Interesting Pair Trade
Jeff Boyd - at Seeking Alpha - Tue Dec 02, 3:28PM CST
MPEL: 25.00 (+0.15), WYNN: 162.92 (-6.65)
Las Vegas Sands Loses Macau Market Share Lead To SJM
at Investor's Business Daily - Tue Dec 02, 11:36AM CST
Las Vegas Sands lost the lead in market share to Hong Kong-based SJM Holdings, one of the six casino companies licensed to operate the 35 casino resorts in the world's most popular gambling hotspot. SJM, operator of the Grand Lisboa, Casino Babylon...
MPEL: 25.00 (+0.15), WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75), MGM: 21.97 (-0.16)
Macau November gaming market share report
Seeking Alpha - at Seeking Alpha - Tue Dec 02, 7:29AM CST
MPEL: 25.00 (+0.15), WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75), MGM: 21.97 (-0.16)
Macau November Revenues Nosedive, 2015 Outlook Weak - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Dec 02, 7:22AM CST
According to Macau's Gaming Inspection and Coordination Bureau, revenues for the month of November nosedived 19.6% to 24.3 billion patacas.
MPEL: 25.00 (+0.15), WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75), MGM: 21.97 (-0.16)
Macau slide likely to continue
at Investor's Business Daily - Mon Dec 01, 5:35PM CST
Gambling revenue in Macau dropped nearly 20% on a year-over-year basis to $3.94 bil in Nov., continuing a trend. Shares of Las Vegas Sands (LVS) and other Macau-centric casinos fell on the latest Macau gaming inspection bureau report. Macau gambling...
WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75)
Wynn Resorts Falls 2.33% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Mon Dec 01, 5:01PM CST
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $174.05 to a high of $177.12. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $175.89 on volume of 1.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WYNN: 162.92 (-6.65)
SmarTrend Watching for Potential Rebound in Shares of Wynn Resorts After 2.33% Loss
Comtex SmarTrend(R) - Mon Dec 01, 5:01PM CST
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $174.05 to a high of $177.12. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $175.89 on volume of 1.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WYNN: 162.92 (-6.65)
Macau Gambling Revenue Falls, Slide Likely Not Over
at Investor's Business Daily - Mon Dec 01, 11:40AM CST
Gambling revenue in Macau fell nearly 20% on a year-over-year basis to $3.94 billion in November, continuing a downward trend that began last summer. The greater than expected drop also drove down shares of Las Vegas Sands (LVS) and other...
MPEL: 25.00 (+0.15), WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75), MGM: 21.97 (-0.16)
Revenue drops off again in Macau
Seeking Alpha - at Seeking Alpha - Mon Dec 01, 7:10AM CST
MPEL: 25.00 (+0.15), WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75), MGM: 21.97 (-0.16)
Nevada October Gaming Revenues Dip, Baccarat a Letdown - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Nov 27, 1:10PM CST
According to the Nevada Gaming Control Board, gambling revenues in the state for the month of October declined 4.3% year over year to $913.6 million.
MPEL: 25.00 (+0.15), WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75), CZR: 15.68 (-0.46), MGM: 21.97 (-0.16)
Wynn Resorts Appears To Be A Risky Bet
Don Dion - at Seeking Alpha - Wed Nov 26, 4:43PM CST
WYNN: 162.92 (-6.65), MGM: 21.97 (-0.16)
Read This Before Buying Wynn Resorts, Limited Stock for Its Dividend Yield
Bradley Seth McNew, The Motley Fool - Motley Fool - Wed Nov 26, 11:08AM CST
Image: Wynn Resorts. Wynn Resorts raised its dividend during the most recently reported quarter to $1.50 per share per quarter, a $0.25 increase. The company also gave investors an added special dividend of $1 per share. The new,...
WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75), MGM: 21.97 (-0.16)
Study Suggests 'Sin Stocks' Will Always Outperform The Market
Rupert Hargreaves - at Seeking Alpha - Wed Nov 26, 6:15AM CST
RAI: 66.93 (+0.48), CHD: 76.32 (+0.65), GD: 144.88 (-0.25), LMT: 189.73 (+0.05), RTN: 110.00 (+2.36), NOC: 139.84 (-1.13), LO: 63.90 (+0.01), WYNN: 162.92 (-6.65), TAP: 73.26 (-0.43), STZ: 94.18 (+0.45), LVS: 59.01 (-1.75), MO: 50.94 (-0.25), MGM: 21.97 (-0.16), DEO: 121.53 (-0.85), PM: 87.15 (-0.50), MPEL: 25.00 (+0.15), BF.B: 90.93 (-1.32)
Double-digit growth for Macau traffic
Seeking Alpha - at Seeking Alpha - Tue Nov 25, 7:22AM CST
MPEL: 25.00 (+0.15), WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75), MGM: 21.97 (-0.16)
Gambling Stock Roundup: MGM Resorts Takes Debt, Caesars Offers REIT Plan - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Nov 24, 1:44PM CST
While Wynn Resorts Ltd. (WYNN) and MGM Resorts International (MGM) resorted to debt, Caesars Entertainment Corporation (CZR) announced a REIT plan to position itself better amid tough competition.
CACQ: 9.91 (-0.18), BYD: 12.37 (-0.12), MPEL: 25.00 (+0.15), WYNN: 162.92 (-6.65), LVS: 59.01 (-1.75), CZR: 15.68 (-0.46), MGM: 21.97 (-0.16)
Wynn Las Vegas Introduces Innovative Multimillion Dollar Show Element with Cutting-Edge Technologies to Le Reve - The Dream
PR Newswire - Mon Nov 24, 8:00AM CST
As Le Reve - The Dream, the aquatic and aerial show at Wynn Las Vegas, approaches its 10-year milestone in 2015, the production has introduced a unique installment that incorporates spectacular water, fire and projection technologies.
WYNN: 162.92 (-6.65)
3 Business Lessons Atlantic City Can Learn From Las Vegas
Matthew Frankel, The Motley Fool - Motley Fool - Sat Nov 22, 10:00AM CST
First of all, let me say that Atlantic City will always have a special place in my heart. I grew up right near the Jersey Shore, and played my first hand of blackjack at Caesars Atlantic City on my 21 st birthday some time ago. However, the city...
WYNN: 162.92 (-6.65), CZR: 15.68 (-0.46)