Hints and tips:
...The IMF forecasts that Macau’s economy will grow 13.9 per cent in real terms this year, following growth of 80.5 per cent last year, making it one of the world’s fastest-growing economies....
...It’s like encouraging people to go to Las Vegas to stick it to The Man through the slot machines. The reality is that no one loves retail investors more than Wall Street....
...(FXStreet, WSJ) Picasso auction Artworks belonging to MGM Resorts will be sold at auction tomorrow in Las Vegas....
...US-listed Wynn earns almost three-quarters of its $6.7bn yearly revenue from its Macau casinos, while two-thirds of Las Vegas Sands’ annual revenues of $13.8bn comes from the city....
...Having missed out on licenses in fast-growing Macau that allowed its US peers such as Wynn and Las Vegas Sands to weather the deep slump in 2009-2010 on the Las Vegas Strip, Caesars’ operating subsidiary...
...Having missed out on licences in fast-growing Macau that allowed its US peers such as Wynn and Las Vegas Sands to weather the deep slump in 2009-10 on the Las Vegas Strip, Caesars’ operating subsidiary ultimately...
...Revenues at its Las Vegas operations slid 14.1 per cent to $398.9m....
...Wynn Resorts, the Las Vegas hotel chain, dropped plans to switch its listing after Steve Wynn, the founder and vocal supporter of IEX, left in the wake of sexual harassment allegations....
...The stock remains below its February high of more than $14, however, after Caesars shocked investors this summer by saying that it had seen pressure on room rates in Las Vegas....
...Meanwhile, revenues from its Las Vegas operations were up 3 per cent year-on-year to $431.5m. Wynn shares, which are up nearly 13 per cent year-to-date, were down 0.8 per cent in after-hours trade....
...Las Vegas Sands’ upbeat results follow similarly positive figures from Wynn Resorts. Casino operators are expected to fare well as conditions improve in Macau....
...The family’s newly formed Galaxy Casino joined the bidding with Las Vegas Sands and their consortium won one of three concessions awarded in 2002, alongside Wynn Resorts and Mr Ho’s SJM Holdings....
...Las Vegas Sands and Wynn Resorts were both down 1 per cent. Gun stocks received a lift however on expectations that any efforts to revive talks on gun control will trigger a buying frenzy....
...Sheldon Adelson, the billionaire casino magnate, snapped up the Las Vegas Review-Journal, Nevada’s biggest newspaper, for $140m in 2015....
...Shares in Wynn Resorts jumped 4.3 per cent to $93.17. Shares in Las Vegas Sands climbed 7.2 per cent to $53.81, while shares in MGM Resorts International rose 3.2 per cent to $24.65....
...Richard Huang, a gaming analyst at Nomura in Hong Kong, says that while Mr Wynn has a reputation for building some of the best resorts in Las Vegas, including the Bellagio, Mirage and Wynn, investors are...
...Wynn Resorts shares popped on Friday after the casino operator reported better than expected fourth-quarter profit, boosted by its Las Vegas business....
...Shares in MGM Resorts rose 2 per cent to $21.75, shares in Las Vegas Sands rose 4.4 per cent to $47.13, while Melco Crown Entertainment shares gained 3.8 per cent to $15.35....
...Shares in Las Vegas-based Wynn jumped more than 13 per cent to $58.36 by the close after the company said it expected revenues in a range of $387m to $395m, compared with $376.8m in the year-ago period....
...The news pushed shares of Wynn Resorts 2.3 per cent higher to $84.35. Las Vegas Sands climbed 5 per cent to $50.67, while Melco Crown Entertainment rose 6.1 per cent to $16.75....
...In 2014, the group raised $75m from investors including venture capital fund Spark Capital and Las Vegas casino operator Steve Wynn....
...of Las Vegas property....
...Shares in Steve Wynn’s Wynn Macau rose 13.8 per cent to HK$14.72 and MGM China leapt 15.9 per cent to HK$14.70. Hong Kong markets were closed on Wednesday for a public holiday....
...Jamie Berg: On February 12, I travelled to Las Vegas for a multi-school trek with 60 other MBAs from Wharton, HBS and Kellogg....
...Investors ranging from venture capital fund Spark Capital to Las Vegas casino operator Steve Wynn lined up to participate in a $75m fundraising for IEX, the start-up equity trading venue featured in Michael...
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