Casinos & Gaming

Hudson Securities is out with a mid-day note reviewing the recent Las Vegas gaming metrics released by the Nevada Gaming Control Board. The analysts noted that Las Vegas Strip gaming win was up 12.9% to $527.3 million. For the 1Q11, strip gaming win was -0.4%. Due to the two month lag in...

Churchill Downs, Inc. (NASDAQ: CHDN) shares are soaring today, gaining more than 5% on news that the Kentucky Derby was the 4th most watched race in 21 years, as well as reporting earnings last night after the bell. The Kentucky Derby had 14.5 million viewers on NBC, the fourth highest it's been...

Hudson Securities is out with a research report on the room rates in Las Vegas. Las Vegas Sands (NYSE: LVS) is mentioned in the note. In a note to investors, Hudson writes, "This week, average asking rates were down. The premium properties were weak including the LVS and WYNN casinos and at the...

Churchill Downs (NASDAQ: CHDN) Reports EPS of $(0.19) vs. $(0.32) Estimate; Revenues $131.6M vs. $126.65M Estimate

Bally Technologies, Inc. (NYSE: BYI), a leader in slots, video machines, casino management, and networked and server-based systems for the global gaming industry, announced today the preliminary results of its modified "Dutch auction" tender offer for the purchase of up to $400 million in value of...

Scientific Games Corporation (Nasdaq: SGMS) today announced that the Company has been awarded a contract to be the primary vendor to supply instant ticket games and related services to the Missouri State Lottery. The Company was selected following a competitive procurement process. The three-year...

Sotheby's (NYSE: BID) is estimated to report its Q1 earnings at $0.04 per share on revenue of $119.45 million. Churchill Downs Inc (NASDAQ: CHDN) is estimated to post a Q1 loss at $0.32 per share on revenue of $126.65 million. Tyson Foods Inc (NYSE: TSN) is projected to report its Q2 EPS at $0....

Churchill Downs, Inc. (NASDAQ: CHDN) shares are down 0.5% the trading day before the Kentucky Derby, and volume is exceptionally low as well. At last check, shares of Churchill Downs were off 21 cents to $40.39, a loss of 0.5% on around 7,000 shares. Churchill Downs Incorporated owns and operates...

Empire Resorts, Inc., (NASDAQ: NYNY) (Empire) today issued the following statement in response to the Mohegan Tribal Gaming Authority's (Authority) announcement that it has reached an agreement with Concord Associates, a business owned by Louis Cappelli, to revive the restoration of the Concord...

Morgan Stanley has an Overweight rating on shares of International Game Technology (NYSE: IGT). In a note to investors, Morgan Stanley writes, "IGT's pending purchase of an online gaming company is a firm strategic positive, long term, but should have little near-term impact on operating...

The Kentucky Derby, considered to be the most famous horse race in the United States, will be held this Saturday in Louisville, Kentucky. It is the first segment of the Triple Crown of Thoroughbred Racing and will be followed by the Preakness Stakes and the Belmont Stakes. The Kentucky Derby is...

Las Vegas Sands (NYSE: LVS) today announced that its board of directors has declared a quarterly dividend payment of $2.50 per share on its outstanding 10% Series A Cumulative Perpetual Preferred Stock to stockholders of record at the close of business on Thursday, May 5, 2011. The dividend...

Stantec (NYSE: STN) announces it has a signed letter of intent to acquire The Caltech Group. With its two distinct business units-Caltech Senex Oil & Gas and Caltech Utilities-the Caltech Group is an over 180-person consulting engineering firm headquartered in Calgary, Alberta.

Citi is raising its PT on shares of MGM Resorts International (NYSE: MGM) from $15.10 to $15.70. MGM Resorts closed Wednesday at $14.22.

Pre-open movers US stock futures are lower this morning, as investors are awaiting same-store sales data and a meeting of the European Central Bank (ECB). Futures on the Dow Jones Industrial Average dropped 33 points to 12,639.00 and futures on the S&P 500 stock index declined 4.70 points to 1,...