Market Overview

In Jefferies & Company Daily Digest, MGAM 4Q, Genting Singapore 3Q, And MAR Hotel Expansion


Jefferies & Company released its Gaming and Lodging Daily Digest today, illustrating the following key points:

Multimedia Games, Inc. (NASDAQ: MGAM) reported 4QFY10 EPS of $0.43, which included a $0.50 per diluted share income tax benefit.

Genting Singapore (G13.SI) reported 3Q10 earnings results that included EBITDA of $255.5 million for a 29.4% sequential decline.

Marriot International (NYSE: MAR) announced today that it expects to expand its portfolio from the current 11 to 100 hotels in India within the next five years across seven brands.

Marriot International currently trades at $39.13; Multimedia Games trades at $4.37; and Genting Singapore trades at $2.13.

Posted-In: Genting Singapore Jefferies & Company Marriot International Multimedia GamesAnalyst Ratings


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