Casinos & Gaming

US stock futures are mostly flat this morning, as investors are awaiting ADP national employment report and GDP data. Futures for the Dow Jones Industrial Average surged 6 points to 13,914 and S&P 500 index futures gained 0.4 point to 1,505.50. Nasdaq 100 futures climbed 2.25 points to 2,745....

Sands Cotai Central, the integrated resort at the absolute centre of Cotai Strip™ Resorts, celebrated the completion of Sheraton® Macao Hotel, Cotai Central's Earth Tower Monday, whose 2,067 new rooms and suites brings the hotel's total room count to 3,896, making it the largest hotel both in Macao...

Casino revenue in Macau for the month of December surged about 19.6 percent higher to 28.2 million patacas . Casino revenue was expected to rise about 17.5 percent. The data was released by Macau's Gaming Inspection and Coordination Bureau on Tuesday. Shares of Las Vegas Sands (NYSE: LVS) are...

Shares of Melco Crown Entertainment (NASDAQ: MPEL) are down more than 7 percent Tuesday following a WSJ piece from last night which suggested police in both mainland China and Macau have detained people from at least three large junket operators recently. The report may indicate Chinese officials...

US stock futures are mostly flat this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average were flat at 12,936.00 and S&P 500 index futures rose 1.30 points to 1,404.60. Nasdaq 100 futures gained 7.50 points to 2,653.25. US stocks closed mixed on...

Analysts at Jefferies downgraded Exelon (NYSE: EXC) from “buy” to “hold.” Exelon's shares closed at $33.58 yesterday. Exelon's trailing-twelve-month ROE is 9.30%. Analysts at Natixis downgraded ArcelorMittal (NYSE: MT) from “buy” to “neutral.” ArcelorMittal's shares closed at $15.22 yesterday....

Monarch Casino & Resort, Inc. (NASDAQ: MCRI) ("Monarch" or the "Company"), owner of the Atlantis Casino Resort Spa (the "Atlantis") in Reno, Nevada, and the Riviera Black Hawk Casino in Black Hawk, Colorado, today announced that the Nevada State Gaming Commission (the "Commission") approved the...

Casino stocks rallied Monday morning following the release of a Wells Fargo report (NYSE: WFC). In the report, Wells Fargo said that Macau casino revenues were up 5-10% in the month of August, and were on pace to reach a monthly record. With casino stocks up an average of 3% Monday, it is worth...

Casino stocks rallied on Monday following a report out of Wells Fargo. Analysts stated that Macau gaming revenues had risen by roughly 5-10% and were nearing a monthly record. Wells Fargo went on to say that they expect a slowdown in September -- historically a slow month -- but this did not...

On August 8, 2012, the Nevada State Gaming Control Board recommended that the application of Monarch Casino & Resort (NASDAQ: MCRI) and its wholly-owned subsidiary, Monarch Interactive, Inc. (collectively, "Monarch") for a license to conduct intrastate interactive gaming in the State of Nevada...

Below are the top resorts & casinos stocks on the NYSE in terms of PEG ratio. Marriott Vacations Worldwide (NYSE: VAC) has a PEG ratio of 0.41. Marriott Vacations' trailing-twelve-month revenue is $1.28 billion. Pinnacle Entertainment (NYSE: PNK) has a PEG ratio of 0.56. Pinnacle...

Below are the top stocks in the resorts & casinos industry in terms of earnings per share. The trailing-twelve-month earnings per share at MGM Resorts International (NYSE: MGM) is $5.39. MGM Resorts' ROE for the same period is 50.31%. The trailing-twelve-month earnings per share at Wynn...