Casino Stocks Lower as Vegas Strip Revs Drop 12.8% in November (LVS) (MGM) (WYNN)
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Casinos Tick Higher as Las Vegas Strip Revs Rise 13.5% in December (LVS) (WYNN) (MGM)
February 8, 2013 9:47 AM ESTGaming stocks are moving higher on the session amid new data out on Las Vegas revenue.
According to the Nevada Gaming Control Board, revenue on the Las Vegas Strip rose 13.49 percent to $588.35 million in December. The number compares with a 12.8 percent drop in November and modest 3.61 percent gain in... More
Strip Revs Dip 12.8% in November, But There are Some Positives... (LVS) (MGM) (WYNN)
January 10, 2013 12:43 PM ESTGaming stocks are mixed on the session following data out of Nevada showing a 12.8 percent drop in gaming revs in November.
Sterne Agee wasn't satisfied with the top-line number. Digging deeper, the firm found a few key bits of information that may offset the initial read.
... More
Baccarat Losses Cap Las Vegas Strip Gains in Oct.; Table, Slots Look Strong (LVS) (MGM) (WYNN)
December 10, 2012 11:11 AM ESTGaming stocks are mixed on the session Monday amid new Las Vegas revenue analysis out of Nomura Securities.
October revs rose 15.1 percent on the strip, excluding the impact from baccarat. Including baccarat, revs rose 3.6 percent for the month.
... More
