casino stocks

Casino stocks traded notably higher Thursday in reaction to encouraging data from Macau, considered to be the gaming capital of the world. What Happened Casinos operating in the Chinese hub of Macau recorded their best monthly revenue in four years, Reuters reported. As a whole, revenue for the...

Boyd Gaming Corporation (NYSE: BYD) is an owner and operator of gaming entertainment properties in multiple states. The company's Las Vegas properties are mostly located away from the tourist Strip area, and this is a good thing, according to Wall Street's newest bull analyst. The Analyst...

Casino stock are for the most part higher since the start of 2017, but the longer-term outlook in the important Macau gaming market remains a question mark. One of the most notable casino operators, Las Vegas Sands Corp. (NYSE: LVS) generates nearly half of its entire EBITDA in Macau. The Analyst...

Casino stocks are selling off in mid-morning trading on news out of Macau that Chinese travelers decided not to try their luck over the Golden Week holiday. Golden Week is a seven-day national holiday in China that occurs twice a year. The October Golden Week celebrates the National Day of the...

Analysts at Deutsche Bank turned bullish on casino operator Wynn Resorts, Limited (NASDAQ: WYNN) after a reconfiguration of the casino floor in Wynn Palace to attract more visitors is showing signs of success. The firm's Carlo Santarelli upgraded Wynn's stock rating from Hold to Buy with a price...

For many investors deciding what to do with a stock that's up 50 percent in a few months is a difficult task. On the one hand, few can fault an investor for cashing in on an impressive gain but they risk selling early. Among the five S&P 500 stocks up at least 50 percent this year, CSX...

The highly-anticipated fight between undefeated boxing star Floyd Mayweather and UFC star Conor McGregor was confirmed on Wednesday. The fight will not only benefit the pockets of Mayweather and McGregor, but should also have a huge impact on Las Vegas. The 2015 fight between Mayweather and Manny...

Shares of Las Vegas Sands Corp. (NYSE: LVS) were trading higher by more than 3 percent ahead of Friday's opening bell after the casino operator reported better-than-expected third-quarter results. Thomas Allen of Morgan Stanley maintains an Equal-Weight rating on Las Vegas Sands' stock following...

According to data released by the Macao Gaming Inspection and Coordination Bureau, gaming revenue in the month of June came in at 15.8 billion patacas, about 8.5 percent lower than June 2015’s number. The 8.5 percent decline actually beat analysts’ low consensus expectations of a 9.5...

Boyd Gaming Corporation (NYSE: BYD) announced on Thursday it has entered into an agreement to acquire ALST Casino Holdco, the holding company of Aliante Casino Hotel and Spa for $380 million. Aliante is an upscale, resort-style casino in Las Vegas that offers a premium style hotel accommodation,...

Shares of Wynn Resorts, Limited (NASDAQ: WYNN) gained more than 1.5 percent Thursday morning as investors and traders were likely encouraged by recent multiple insiders buying company shares since the start of 2016. Stephen Wynn, Wynn Resorts' CEO, acquired 71,275 shares in the open market...