Casinos & Gaming

Hudson Securities provided color on MGM Resorts' (NYSE: MGM) recent Macau IPO announcement in a research report published today. Hudson Securities has previously given MGM Resorts a $12 price target and Hold rating. In the report, Hudson Securities states, "MGM announced news on a forthcoming...

Ameristar Casinos, Inc. (NASDAQ: ASCA) today announced that it has obtained $2.2 billion of new debt financing that has been or will be used to repurchase its outstanding 9 1/4% Senior Notes due 2014 tendered pursuant to the tender offer announced on March 29, 2011, including payment of the tender...

Ameristar Casinos, Inc. (NASDAQ: ASCA) today announced that it has obtained $2.2 billion of new debt financing that has been or will be used (i) to repurchase its outstanding 9 1/4% Senior Notes due 2014 tendered pursuant to the tender offer announced on March 29, 2011, including payment of the...

Bally Technologies (NYSE: BYI) has announced an enterprise-wide agreement with the Seminole Tribe to deploy their newest slot management and accounting systems at at least six casinos in Florida, which encompasses a 10,000 slot opportunity, by the end of the 2011 calendar year.

Before the open on April 13, MGM Resorts International (NYSE: MGM) announced that it has “restructured its Macau joint venture with Pansy Ho whereby MGM will retain a 51% interest and management control, Pansy Ho will retain a 29% interest, and the remaining 20% will be publicly traded in Hong Kong...

Shares of Melco Crown Entertainment (NASDAQ: MPEL) are trading higher on the session by 6.08%, at $8.73. With shares sitting at the recent highs, you have to wonder where they are heading next… Bulls: Bulls seem more than willing to push shares higher right now and see it only as a matter of time...

Shares of Las Vegas Sands Corp. (NYSE: LVS) are trading higher on the session by 2.35%, at $44.48. With shares having regained the 50-day moving average, you have to wonder where shares could be heading next… Bulls: Bulls will note that shares have recently tested the 200-day moving average and (...

Melco Crown Entertainment (NASDAQ: MPEL) has hit a 52-week high in today's trading. At last check the year-to-date performance of Melco Crown Entertainment has been a gain of 37.3%.

All of the leading casino stocks are soaring higher this morning. Traders should now be alerted to the action in these leading casino stocks whenever the Asian stock markets trade higher. The business in Las Vegas, Nevada is not the reason for the strong reaction in the casino stocks. It is the...

At 10:05 am, the Dow rose 0.28% to 12,297.48, the broader Standard & Poor's 500 index moved up 0.25% to 1,317.45 and the NASDAQ composite index surged 0.61% to 2,761.41. The industries that are driving the market today are: Internet Service Providers: This industry jumped 1.94% by 10:05 am....

Unconfirmed Rumors Circulate that Melco Crown Entertainment Ltd. (MPEL) will do a joint venture with a major US Casino Company rumored name is (LVS) or (WYNN) would be a major positive for (MPEL)..

Bally Technologies, Inc. (NYSE: BYI) today announced a major enterprise-wide, multi-year contract with the Seminole Tribe of Florida to deploy its SDS® Windows slot-management and slot accounting system at six casinos in Florida by the end of the 2011 calendar year.

LAS VEGAS - April 13, 2011 (Investorideas.com Newswire) - MGM Resorts International (NYSE:MGM) today announced that it has entered into agreements with Ms. Pansy Ho pursuant to which the proposed initial public offering of the shares of MGM China Holdings Limited on the Hong Kong Stock Exchange

LAS VEGAS - April 13, 2011 (Investorideas.com Newswire) - MGM Resorts International (NYSE:MGM) today announced that it has entered into agreements with Ms. Pansy Ho pursuant to which the proposed initial public offering of the shares of MGM China Holdings Limited on the Hong Kong Stock Exchange

MGM Resorts International (NYSE: MGM) today announced that it has entered into agreements with Ms. Pansy Ho pursuant to which the proposed initial public offering of the shares of MGM China Holdings Limited on the Hong Kong Stock Exchange (the "IPO") and related transactions will be structured so...