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Zacks News
Will Consumer Discretionary ETFs Suffer the Coronavirus Blow?
by Sweta Jaiswal, FRM
We discuss how the rapidly spreading coronavirus can sneak in to your portfolio and hurt returns from holdings in the consumer discretionary sector.
MGM Resorts Announces Partnership With Las Vegas Raiders
by Zacks Equity Research
MGM Resorts (MGM) to provide exclusive fan experiences before and after Raiders home games.
Casinos Stocks Plummet on Concerns Over China Coronavirus
by Harendra Ray
Dismal Macau performance have been hurting the casino stocks. The China coronavirus have further added to the woes.
Trump in Davos, Global Economic Outlook, Netflix Earnings & A Strong Buy Tech Stock - Free Lunch
by Benjamin Rains
The latest global economic news, which includes a deadly virus that began in central China. Trump's speech in Davos. Uber news. What to expect from Netflix earnings. And why GoDaddy (GDDY) is a Zacks Rank #1 (Strong Buy) stock right now...
MGM Resorts vs Wynn Resorts: Which is the Better Gaming Stock?
by Zacks Equity Research
Gaming industry in 2020 is likely to benefit from legalization of sports betting outside Nevada.
Factors Likely to Shape Las Vegas Sands' (LVS) Q4 Earnings
by Zacks Equity Research
Las Vegas Sands' (LVS) fourth-quarter 2019 revenues are expected to have declined due to soft Sand Cotai Central. Yet, higher margins from mass and non-gaming segments are likely to have boosted its profits.
MGM Resorts' (MGM) Springfield Casino Disappoints in December
by Zacks Equity Research
MGM Resorts' (MGM) Springfield is facing stiff competition from casinos in New York and New Hampshire.
MGM Resorts Partners With NLL to Push Up Sports Betting
by Zacks Equity Research
MGM Resorts (MGM) continues to strengthen its sports betting footprint following the legalization outside Nevada.
MGM Resorts (MGM) Agrees to Sell Properties in Las Vegas
by Zacks Equity Research
MGM Resorts (MGM) announces that it will sell two of its Las Vegas properties. "MGP" and "BREIT" form a joint venture to acquire the MGM Grand Las Vegas and Mandalay Bay resorts.
Wynn Resorts (WYNN) Plans to Launch a New Restaurant Concept
by Zacks Equity Research
Wynn Resorts (WYNN) announces its plan to launch Elio in March 2020. It also aims to open three new restaurants at Wynn Las Vegas during 2020.
Can Las Vegas Sands (LVS) Replicate '19 Performance in 2020?
by Zacks Equity Research
Las Vegas (LVS) revenue diversification efforts, planned investment in new capital projects in Macao and higher revenues from The Parisian Macao are major growth drivers.
Macau Remittance Cap Likely to Rise: Gaming Stocks in Focus
by Zacks Equity Research
Mainland China, a primary contributor to the Macau's gaming revenues, will benefit from increase in daily limit on money transfer from Macau to Mainland China.
Gaming Industry Outlook: Macau Performance a Pressing Concern
by Zacks Equity Research
The lingering trade tensions between Beijing and Washington have been impacting casino operators in Macau. This shows in the casino gross gaming revenue decline in seven months this year.
MGM Resorts Up 22% in 6 Months: Can the Bull Run Continue?
by Zacks Equity Research
An increase in visitation in the Las Vegas market, solid long-term prospects of Macau business and the company's focus on non-gaming activities bode well for MGM Resorts (MGM).
Macau Gambling Revenues Dip in November: Casino Stocks in Focus
by Zacks Equity Research
A slowdown in China and the trade war between Beijing and Washington continues to impact casino operators in Macau.
Las Vegas Sands Banks on Diversification, Debt Woes Persist
by Zacks Equity Research
Las Vegas Sands (LVS) benefits from diversification plan and investment in new capital projects in Macao.
Wynn Resorts' (WYNN) Q3 Earnings & Revenues Miss Estimates
by Zacks Equity Research
Wynn Resorts (WYNN) third-quarter 2019 performance hurt by weakness in Wynn Palace and Wynn Macau.
The Zacks Analyst Blog Highlights: Scientific Games, Boyd Gaming, MGM Resorts International and International Game Technology
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Scientific Games, Boyd Gaming, MGM Resorts International and International Game Technology
Sports Betting Market on the Cusp of a Boom: Stocks to Watch
by Tirthankar Chakraborty
Panelists at the NYC Sports Betting Investor Summit on Nov 4 said that the U.S. sports betting market will reach a worth of almost $7 billion to $8 billion over the next five years.
MGM Resorts (MGM) Q3 Earnings Beat, Revenues Miss Estimates
by Zacks Equity Research
MGM Resorts' (MGM) third-quarter 2019 earnings beat estimates, given robust performance of MGM China and Regional Operations.
MGM Resorts (MGM) Beats Q3 Earnings Estimates
by Zacks Equity Research
MGM (MGM) delivered earnings and revenue surprises of 6.90% and -1.66%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Leisure Stocks Earnings Lineup for Oct 30: RCL, MGM & More
by Zacks Equity Research
Leisure industry is likely to have gained from higher consumer spending and increased demand for leisure products.
Will China Operations Drive MGM Resorts' (MGM) Q3 Earnings?
by Zacks Equity Research
MGM Resorts' (MGM) top line in third-quarter 2019 is likely to get reflected in robust performance of both China and domestic operations.
Las Vegas Sands (LVS) Q3 Earnings & Revenues Lag Estimates
by Zacks Equity Research
Las Vegas Sands' (LVS) earnings in third-quarter 2019 marred by higher interest expenses.
Boyd Gaming (BYD) Q3 Earnings Meet Estimates, Revenues Lag
by Zacks Equity Research
Boyd Gaming's (BYD) third-quarter earnings improve on the back of strong segmental performance, despite weather-related woes.