Casinos & Gaming

Shares of Las Vegas Sands Corp. (NYSE: LVS) are rolling over in the after-market trade following disappointing earnings results. Currently, shares are off by 11.60%, trading at $40.55. They closed the regular session lower by 3.45%, at $45.87. Las Vegas Sands Corp. reported Q1 EPS of $0.37 on...

Las Vegas Sands (LVS) is having the exact opposite experience that Wynn Resorts (WYNN) enjoyed during this earnings season.  As I type it is enjoying a 16% kick to the teeth in the after hours session.  This is the second quarter in a row expectations were too high, so I think management needs to...

Las Vegas Sands (NYSE: LVS) Reports EPS of $0.37 vs. $0.44 Estimate; Revenues $2.11B vs. $2.14B Estimate

Most Americans have gone through a bit of an emotional roller coaster the last two days, as the news cycle around the Osama Bin Laden death wound itself down. First, there was elation and/or relief, as the news broke that American special forces troops had hunted down and killed Osama. Then came a...

PREVIEW: Las Vegas Sands (NYSE: LVS) and Comcast (NASDAQ: CMCSA) Are Reporting After The Bell

According to Hudson Securities, MGM Resorts International (NYSE: MGM) is expecting progress on choppy LV recovery. Hudson Securities said that MGM reports 1Q11 results before the bell on Wednesday. “Our current EBITDA estimate of $330 million is $17 million above the Street.” MGM Resorts...

According to Hudson Securities, Las Vegas Sands (NYSE: LVS) 1Q11 quarter is likely to be strong. Hudson Securities said that LVS reports 1Q11 results after the bell today. “We are expecting strong results in Macau given favorable trends in market wide gaming revenues.” Las Vegas Sands closed...

Boyd Gaming (NYSE: BYD) Reports Q1 EPS of $(0.04) vs. $0.01 Estimate; Revenues $169.1M vs. $569.8M Estimate

Before the open on May 2, Boyd Gaming (NYSE: BYD) announced that the company has entered into a definitive agreement to sell the assets of Dania Jai-Alai for $80M to Dania Entertainment Center, LLC. Dania Jai-Alai is a pari-mutuel facility located near the Fort Lauderdale International Airport and...

US stock futures are lower this morning, as investors are awaiting earnings from Pfizer Inc (NYSE: PFE) and report on factory orders. Futures on the Dow Jones Industrial Average dipped 40 points to 12,724.00 and futures on the S&P 500 stock index fell 5.20 points to 1,352.50. Nasdaq 100 futures...

Legg Mason Inc (NYSE: LM) is expected to report its Q4 EPS at $0.45 on revenue of $712.27 million. Mastercard Incorporated (NYSE: MA) is projected to report its Q1 EPS at $4.10 on revenue of $1.46 billion. Las Vegas Sands Corp (NYSE: LVS) is expected to report its Q1 EPS at $0.44 on revenue of...

Cusick's Corner What I do not like about the short-term action is that the market has been unable to hold the gains that we started off with and that we have had almost a week of indecision. Could this be the May syndrome of "Sell in May and Go Away"? If you sell in May and come back in September...

J.P. Morgan Chase & Co. has an Underweight rating on shares of Boyd Gaming Group (NYSE: BYD). In a note to investors, J.P. Morgan writes, "Earlier this morning, BYD announced that it has entered into an agreement to sell its Dania Jai-Alai property in Dania Beach, FL, to a group of private...

At 10:25 am, the Dow rose 0.45% to 12,868.63, the broader Standard & Poor's 500 index moved up 0.44% to 1,369.67 and the NASDAQ composite index gained 0.37% to 2,884.13. The industries that are driving the market today are: Music & Video Stores: This industry jumped 1.94% by 10:25 am. The...

The leading casino stocks are all trading higher this morning. It now seems that whenever the Shanghai Index(China) is higher the casino stocks seem to benefit from the Macao markets and trade higher on the session. This morning Wynn Resorts Ltd.(NASDAQ: WYNN) is trading higher by $3.30 to $150.45...