5034 stories by Todd Shriber
Star Entertainment Group Wants Some Quid Pro Quo With Australia Expansion Plans
Star Entertainment Group is pledging to spend $68.31 million to renovate the Gold Coast Convention and Exhibition Centre and the Sheraton Grand Mirage resort along Australia's Gold Coast. But there's a catch: the company wants politicians there to grant it a monopoly...
Las Vegas Sands Earnings Weren’t Great, But Analyst Says Stay For The Dividend, Company Best-Positioned in Industry
Las Vegas Sands Corp.'s (NYSE:LVS) third-quarter results, which were released Wednesday, weren't great. Earnings of 69 cents a share on revenue of $3.25 billion missed Wall Street estimates of 75 cents a share on turnover of $3.30 billion. But analysts remain mostly...
Wynn Resorts EBITDA, Price Target Pared by Analyst Citing Softness Among Macau VIPs
Wynn Resorts Ltd. (NASDAQ:WYNN) reports third-quarter earnings on Nov. 6, and some analysts are bracing for the company to deliver less-than-impressive numbers in its Macau VIP segment. Citing expectations for softness among high end Macau gamblers during the July through September quarter,...
Montana Sports Gamblers Could Make Bets From up to 1,400 Locations, One For Every 764 Residents
Montana is expected to have sports betting operational by the end of this year. Gamblers there that don't want to place wagers online or via a mobile app probably won't have to go far, because as many 1,400 businesses across the state...
Las Vegas Sands President Goldstein Says $10 Billion Could be The Floor For Japanese Integrated Resort
Las Vegas Sands Corp. (NYSE:LVS) held its third-quarter earnings conference call after the close of US markets Wednesday. But the numbers grabbing some investors' attention aren't just the 69 cents a share the company earned in the period on revenue of $3.25...
Las Vegas Sands Steady After Q3 Results Lag Estimates, Macau Numbers Could Have Been Worse, Dividend Increased
Shares of Las Vegas Sands Corp. (NYSE:LVS) were mostly flat in Wednesday's after-hours session after the largest domestic casino company by market value revealed third-quarter results that missed Wall Street estimates. But investors appeared constructive on the firm's decent Macau data. On...
MGM Draws More Praise For Asset Sales With Analysts Bullish on Macau Prospects
MGM Resorts International (NYSE:MGM) continues drawing praise for its recently announced sales of the Bellagio and Circus Circus on the Las Vegas Strip, with analysts extolling the advantages of those deals while making bullish comments on the company's Macau business. Last week,...
Boyd Gaming Tepid Third Quarter Results Have Analysts Mixed on Stock
Shares of regional casino operator Boyd Gaming Corp. (NYSE:BYD) were higher by about two percent in midday trading Wednesday, a day after the company delivered third-quarter earnings. But some sell-side analysts are not impressed with the results. For the quarter ending Sept....
Century Casinos Enjoys Rally After Analyst Forecasts Massive Upside For Stock
Shares of Century Casinos, Inc. (NASDAQ:CNTY), the operator of mid-sized regional properties, have rallied in substantial fashion over the past two days following some bullish commentary from a noted gaming industry analyst. In a note sent to clients Monday, Union Gaming analyst...
Las Vegas Sands Earnings: Macau Results, Outlook Will Set The Stage, as Usual
Las Vegas Sands Corp. (NYSE:LVS), the operator of five casinos in Macau, reports third-quarter earnings Wednesday after the close of US markets, with analysts and investors bracing for the gaming giant's comments on its China business. Wall Street analysts are expecting that...
