Casinos & Gaming

Bally Technologies, Inc. (NYSE: BYI) announced today its plan to launch a modified “Dutch auction” tender offer to purchase shares of its common stock. Bally will offer to purchase up to $400 million in value of its common stock at a price not greater than $40.00 nor less than $34.50 per share....

Gaming Partners International Corporation (NASDAQ: GPIC) announced today that its French subsidiary Gaming Partners International SAS has completed the purchase of certain assets of OMC Sarl and its subsidiary OMC Industries.

Boyd Gaming (NYSE: BYD) says that David Sokol resigns as non-executive director.

Masimo Corporation (NASDAQ: MASI) shares jumped 2.35% to create a new 52-week high of $34.43. MASI's trailing-twelve-month ROE is 28.25%. Rent-A-Center Inc (NASDAQ: RCII) shares gained 1.76% to touch a new 52-week high of $36.33. RCII is scheduled to post its Q1 results on April 25. Century...

J.P. Morgan Chase & Co. is raising estimates on Las Vegas Sands (NYSE: LVS). It has an Overweight rating and is raising its price target to $58 on shares. In a note to clients, J.P. Morgan writes, "For LVS, we are raising our 1Q11 estimates, primarily related to better than expected Macau...

Charlie Munger, Vice-Chairman of Berkshire Hathaway, works alongside Warren Buffett. His investment in Boyd Gaming (NYSE: BYD) was cited last week by former Berkshire manager David Sokol in a CNBC interview as precedent for his purchase of Lubrizol shares before recommending the company as a...

According to a report released by Jefferies, there are various reports suggesting that MGM Resorts' (NYSE: MGM) subsidiary, MGM China Holdings Ltd, “will likely finalize its initial public offering on the Hong Kong exchange in May and raise about $1 billion.” “The news comes shortly after the...

Analysts at Janney Capital upgrade MGM Resorts International (NYSE: MGM) from “sell” to “neutral.” The target price for MGM has been raised from $12 to $14, MGM shares closed at $13.26 yesterday. More Analyst Ratings here

In a report published earlier today, Morgan Stanley discussed its thoughts on how the recent passage of Senate Bill 550, which repeals the $5 bet limit in West Virginia casinos will impact Penn National Gaming's (NASDAQ: PENN) performance. The law, which will go into effect in July, is expected to...

  ( click to enlarge )  Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) has made an awesome move today. The stock hit new highs of $8.56, which is resistance for the follow through move on Tuesday. If MPEL can break through highs, we should see another high volume move as the stock moves...

Shares of Scientific Games Corporation (NASDAQ: SGMS) are higher on the session by 0.77%, trading at $9.19. Overall call volume is now running at 125.71x the daily average, with 75% of all calls traded being purchases on the offer. 1,760 contracts have traded on the session so far. Scientific...

Shares of Boyd Gaming Corporation (NYSE: BYD) are higher on the session by 0.21%, trading at $9.58. Overall put volume is now running at 3.31x the daily average, with 54% of all puts traded being purchases on the offer. 2,088 contracts have traded on the session so far. Boyd Gaming Corporation...

Las Vegas Sands Corp.(NYSE: LVS) has sold off a little from it's intra-day high made at the open. As I write this the stock is bouncing with the S&P 500 Index. However, should the stock decline or pullback during the session the $43.00 area should be short term intra-day support. The next intra...

Morgan Stanley has issued a report reiterating the Overweight Rating On Penn National (NASDAQ: PENN). According to the report, "We expect recent momentum in PENN (stock +8% since mid-March) to continue as (1) weather / legislative pushback dissipates, (2) the company generates consistent, positive...

The overall market closed near the bottom of its daily trading range as sellers begin stepping in at around 1:45 p.m. EST. Here are the five best and worst performers on the day: Best 1) NYSE Euronext (NYSE: NYX): Closed trading up nearly 12.6% at $39.60 on the news that NASDAQ and ICE made a...