Casino deal is latest to separate gambling from real estate
By KIMBERLY PIERCEALL - AP - 59 mins ago
LAS VEGAS (AP) — A deal involving Pinnacle Entertainment is the latest example of a casino company separating its gambling operations from its real estate to generate cash.
PENN: 19.04 (-0.20), PNK: 40.09 (-0.30), MGM: 18.68 (+0.16), CZR: 5.14 (+0.38), GLPI: 34.23 (-0.63)
Buy-Ranked Gaming ETF in Focus - ETF News And Commentary
Sweta Killa - Zacks Investment Research - Thu Jul 23, 10:10AM CDT
Given the bullish technical indicators and improving fundamentals in Macau, investors could garner huge profits in the gaming industry with this buy ranked ETF.
BJK: 37.09 (+0.59), MPEL: 21.19 (+0.47), WYNN: 104.30 (+3.05), LVS: 55.73 (+0.77), MGM: 18.68 (+0.16)
Macau Still a Drag on Las Vegas Sands Earnings, Revenues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 23, 8:10AM CDT
Las Vegas Sands Corp. (LVS) posted second quarter 2015 results with earnings and revenues missing the Zacks Consensus Estimate.
MPEL: 21.19 (+0.47), WYNN: 104.30 (+3.05), LVS: 55.73 (+0.77), MGM: 18.68 (+0.16)
Technical Coverage on Resorts and Casinos Stocks -- MGM Resorts Intl., Las Vegas Sands, Melco Crown Entertainment, Penn National Gaming, and Pinnacle Entertainment
PR Newswire - Mon Jul 20, 8:25AM CDT
Equity Research Institute has initiated coverage on the following equities: MGM Resorts International (NYSE: MGM), Las Vegas Sands Corporation (NYSE: LVS), Melco Crown Entertainment Ltd (NASDAQ: MPEL), Penn National Gaming Inc. (NASDAQ: PENN), and Pinnacle Entertainment Inc. (NYSE: PNK). Free research report on MGM Resorts Intl. can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=MGM On Friday, July 17, 2015, the NASDAQ Composite ended at 5,210.14, up 0.91%, the Dow Jones Industrial Average declined 0.19%, to finish the day at 18,086.45, and the S&P 500 closed at 2,126.64, up 0.11%. The losses were broad based as six out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
PNK: 40.09 (-0.30), PENN: 19.04 (-0.20), MPEL: 21.19 (+0.47), LVS: 55.73 (+0.77), MGM: 18.68 (+0.16)
MGM Resorts tells drought panel it's saved 2 billion gallons
By KIMBERLY PIERCEALL - AP - Fri Jul 17, 7:23PM CDT
LAS VEGAS (AP) — Sin City may look like a lush water-waster as the state endures its fourth year of a severe drought, but casino-resorts say their fountains and greenery are well-crafted illusions.
MGM: 18.68 (+0.16)
Eldorado Resorts, Inc. Announces Pricing of Senior Notes Offering
Business Wire - Thu Jul 16, 4:00PM CDT
Eldorado Resorts, Inc. (NASDAQ: ERI) ("Eldorado," "ERI," or the "Company"
ERI: 8.71 (-0.27), MGM: 18.68 (+0.16)
MGM Resorts International Announces Second Quarter 2015 Earnings Release Date
PR Newswire - Thu Jul 16, 7:30AM CDT
MGM Resorts International (NYSE: MGM) will release the Company's financial results for the second quarter 2015 before the market opens on Tuesday, August 4, 2015. The Company will host a conference call that day at 11:00 a.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session.
MGM: 18.68 (+0.16)
MGM to build $100M venue to lure artists to Las Vegas
By KIMBERLY PIERCEALL - AP - Wed Jul 15, 8:28PM CDT
LAS VEGAS (AP) — MGM Resorts International plans to build a $100 million, 5,300-seat theater at its Monte Carlo casino-hotel to attract top musicians for weeks at a time.
MGM: 18.68 (+0.16)
The Zacks Analyst Blog Highlights: MGM Resorts International, Melco Crown Entertainment, Wynn Resorts and Las Vegas Sands - Press Releases
Zacks Equity Research - Zacks Investment Research - Wed Jul 15, 8:30AM CDT
The Zacks Analyst Blog Highlights: MGM Resorts International, Melco Crown Entertainment, Wynn Resorts and Las Vegas Sands
MPEL: 21.19 (+0.47), WYNN: 104.30 (+3.05), LVS: 55.73 (+0.77), MGM: 18.68 (+0.16)
MGM Resorts Announces Development Plans for 5,000-Seat Theater at Monte Carlo
PR Newswire - Wed Jul 15, 8:00AM CDT
MGM Resorts International (NYSE: MGM), one of the world's leading presenters of live entertainment, today announced plans for an approximately 5,000-seat theater at Monte Carlo Resort and Casino. The new concert venue will amplify the vibrant entertainment district taking shape on the west side of the Las Vegas Strip with a robust calendar featuring special engagements by many of the music industry's most-celebrated performers.
MGM: 18.68 (+0.16)
Macau Casinos Rise on Reports of Relaxed Smoking Norms - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 14, 6:03PM CDT
Share price of leading casino operators surged on media reports that China is considering softening its stance on the smoking ban in casinos.
MPEL: 21.19 (+0.47), WYNN: 104.30 (+3.05), LVS: 55.73 (+0.77), MGM: 18.68 (+0.16)
H2U, local employers expand access to primary care services in Las Vegas
PR Newswire - Tue Jul 14, 11:56AM CDT
Clark County's shortage of primary care providers could soon be eased with the addition of three new access points for more than 50,000 covered employees and their dependents. The Las Vegas Metro Chamber of Commerce is partnering with H2U Health Centers for convenient primary care service delivery in the Las Vegas metro area. In addition, MGM Resorts International is working with H2U to provide urgent and acute care services to its employees.
MGM: 18.68 (+0.16)
The Mirage volcano in Las Vegas to erupt less frequently
By KIMBERLY PIERCEALL - AP - Mon Jul 13, 7:40PM CDT
LAS VEGAS (AP) — The Mirage volcano on the Las Vegas Strip is erupting less frequently, but not for any geological reason.
MGM: 18.68 (+0.16)
Macau casinos up on smoke
at Investor's Business Daily - Mon Jul 13, 5:54PM CDT
Shares of Las Vegas Sands (LVS) climbed more than 5% intraday Mon., the biggest 1-day gain this year, on a Macau Business report that Macau may back off of its proposed full ban on smoking in casinos. The report also lifted other Macau-centric casino...
MPEL: 21.19 (+0.47), WYNN: 104.30 (+3.05), LVS: 55.73 (+0.77), MGM: 18.68 (+0.16)
MGM Resorts International Set to Possibly Pullback After Yesterday's Rally of 3.86%
Comtex SmarTrend(R) - Mon Jul 13, 5:35PM CDT
MGM Resorts International (NYSE:MGM) traded in a range yesterday that spanned from a low of $18.51 to a high of $19.05. Yesterday, the shares gained 3.9%, which took the trading range above the 3-day high of $18.76 on volume of 9.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MGM: 18.68 (+0.16)
Watch for MGM Resorts International to Potentially Pullback After Gaining 3.86% Yesterday
Comtex SmarTrend(R) - Mon Jul 13, 5:34PM CDT
MGM Resorts International (NYSE:MGM) traded in a range yesterday that spanned from a low of $18.51 to a high of $19.05. Yesterday, the shares gained 3.9%, which took the trading range above the 3-day high of $18.76 on volume of 9.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MGM: 18.68 (+0.16)
Gambling Stock Roundup: MGM Resorts to Sell Silver Legacy, Macau Tourist Rules Eased - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 13, 3:40PM CDT
MGM Resorts clinched an agreement to sell its balance 50% stake of Silver Legacy Resort. Meanwhile, easing of tourist rules in Macau came in as positive news for the casino operators.
PNK: 40.09 (-0.30), MPEL: 21.19 (+0.47), IKGH: 1.57 (+0.03), WYNN: 104.30 (+3.05), LVS: 55.73 (+0.77), MGM: 18.68 (+0.16), GLPI: 34.23 (-0.63)
Stocks Celebrate Greek Debt Deal With Market Rally
at The Street - Mon Jul 13, 3:02PM CDT
U.S. investors cheer an agreement between Greece and its European creditors following months of back-and-forth deliberations.
NFLX: 110.10 (-1.40), BWA: 51.71 (+0.16), MPEL: 21.19 (+0.47), WYNN: 104.30 (+3.05), LVS: 55.73 (+0.77), ANAC: 147.90 (-2.05), MSFT: 46.11 (+0.57), MGM: 18.68 (+0.16), REMY: 29.50 (+0.11)
Stocks Hold Gains; Microsoft Shoots Higher
at The Street - Mon Jul 13, 1:51PM CDT
Stocks rally after Greece and its European creditors seal a debt deal.
JAH: 55.39 (-0.39), WYNN: 104.30 (+3.05), LVS: 55.73 (+0.77), MGM: 18.68 (+0.16), REMY: 29.50 (+0.11), NFLX: 110.10 (-1.40), MPEL: 21.19 (+0.47), ANAC: 147.90 (-2.05), GRPN: 5.15 (+0.33), MSFT: 46.11 (+0.57), CMCSA: 62.47 (-2.03)