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Zacks News
Here's How Things Took a Wrong Turn for Casino ETF Lately
by Sanghamitra Saha
Inside the pain of the casino gaming ETF.
MGM Resorts (MGM) Q2 Earnings Meet Estimates, Revenues Lag
by Zacks Equity Research
MGM Resorts (MGM) witnesses revenue growth in the second quarter of 2018, driven by a solid performance at MGM China.
Factors Setting the Tone for Wynn Resorts (WYNN) Q2 Earnings
by Zacks Equity Research
Wynn Resorts' (WYNN) top- and bottom-line performance in the second quarter of 2018 is likely to be driven by robust non-gaming revenues.
Penn National (PENN) Q2 Earnings Beat, Revenues Lag Estimates
by Zacks Equity Research
Driven by Penn National's (PENN) margin improvement initiative, the company witnesses earnings growth in the second quarter of 2018.
Las Vegas Sands (LVS) Q2 Earnings Miss Estimates, Stock Down
by Zacks Equity Research
Las Vegas Sands' (LVS) lower-than-expected earnings in second-quarter 2018 can be primarily attributed to lower Rolling Chip volume and win percentage at Marina Bay Sands in Singapore.
Las Vegas Sands (LVS) Misses Q2 Earnings Estimates
by Zacks Equity Research
Las Vegas Sands (LVS) delivered earnings and revenue surprises of -7.50% and 0.64%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
Leisure Stocks' Q2 Earnings Due on Jul 25: HLT, LVS, STAY, SIX
by Zacks Equity Research
Stocks like Hilton, Las Vegas Sands and Extended Stay are poised to witness robust growth this earnings season. Increased consumer spending has positioned the sector on a growth trajectory.
Will Cost-Control Efforts Drive Melco's (MLCO) Q2 Earnings?
by Zacks Equity Research
While efficient cost-control mechanism may drive Melco's (MLCO) second-quarter earnings, lower-than-expected revenues from Macau are likely to hurt the top line.
Is a Beat in Store for Las Vegas Sands (LVS) in Q2 Earnings?
by Zacks Equity Research
Las Vegas Sands' (LVS) The Venetian Macao and Sands Cotai Central segments perform impressively, which in turn is likely to boost the company's second-quarter results.
The Current State of Sports Betting & Why Esports Matter
by Benjamin Rains
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into the current state of sports betting in the U.S. after daily fantasy sports power FanDuel opened its first sportsbook over the weekend. The conversation then shifts to the continued rise of esports and their importance to media companies after Disney's (DIS) big announcement last week.
Here's Why MGM Resorts' Rough Ride May Continue Through 2018
by Zacks Equity Research
MGM Resorts' (MGM) dismal show can be attributed to soft gambling revenues from the Macau region.
Macau Gambling Revenues Let Down: MLCO, WYNN, LVS Lose Most
by Zacks Equity Research
Although revenues from the Macau region lag analyst expectations, the overall industry trend is still encouraging. This bullish trend is likely to continue through 2018.
Stay Cheerful During World Cup: 4 Casino Stocks in Focus
by Rajashree Bhattacharyya
With gamblers splurging online in the wake of FIFA World Cup and the recent court ruling on betting law, a few casino bigwigs seem to optimize opportunities to scale the growth ladder.
3 Casino Stocks to Buy Now
by Ryan McQueeney
Gambling stocks are always among the most popular on Wall Street. Luckily for investors, now is also a great time to be buying gambling stocks, as continued Vegas strength, a great recovery in Macau, and overall international interest in gaming have led to rising share prices. Check out these casino stocks today!
Reasons Why You Should Add Melco Stock to Your Portfolio Now
by Zacks Equity Research
Melco's (MLCO) strong service line-up in both gaming and non-gaming segments, along with a favorable industry scenario are driving revenues and earnings.
4 Casino Plays as Delaware & NJ Legalize Sports Gambling
by Nitish Marwah
With sports gambling made legal, casino stocks are poised to gain significantly.
Play FIFA World Cup 2018 With These Stocks
by Sanghamitra Saha
These investing areas are to gain from the FIFA World Cup 2018.
Penn National Riding on Mergers & Margin-Expansion Efforts
by Zacks Equity Research
Penn National's (PENN) top line is favored by a strong brand and acquisition strategies. Sincere margin-improvement initiatives also bode well for the company.
LVS Versus MLCO: Which Casino Stock is Worth the Gamble?
by Zacks Equity Research
While Las Vegas Sands (LVS) has an edge over Melco (MLCO) in terms of projected EPS, the latter has a better valuation.
Wynn Resorts (WYNN) Declines on Disappointing Macau Sales
by Zacks Equity Research
Wynn Resorts (WYNN), which generates a solid share of its revenues from Macau resorts, declines sharply in the past two trading sessions due to soft gambling revenues from the Macau region.
Is Las Vegas Sands (LVS) Outperforming Other Consumer Discretionary Stocks This Year?
by Zacks Equity Research
Is Las Vegas Sands Corp. (LVS) Outperforming Other Consumer Discretionary Stocks This Year?
Gambling Stock Roundup: Macau Show Disappoints, MGM & BYD Provide Buyout Updates
by Zacks Equity Research
Gambling stocks with highest exposure to Macau region decline after revenues fall short of analyst expectations. MGM Resorts to buy Empire City Casino's race track and casino.
The Zacks Analyst Blog Highlights: Facebook, Intel, Boeing, Las Vegas Sands and Baxter
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Facebook, Intel, Boeing, Las Vegas Sands and Baxter
Extended Stay Expands in Charlotte, Buys Rock Hill Hotel
by Zacks Equity Research
As part of its growth strategy, Extended Stay (STAY) acquires a property in Rockhill and expands its footprint in the Charlotte area.
5 Top-Ranked Stocks for Easy Gains in Lazy June
by Ritujay Ghosh
An increasing number of Americans, led by millennials are willing to spend more on traveling and outdoor activities, thanks to a bullish economic outlook, higher wages, high consumer spending and consumer confidence.