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Zacks News
MGM Resorts' (MGM) Bellagio Launches Sadelle's in Las Vegas
by Zacks Equity Research
MGM Resorts' (MGM) focus on non-gaming revenue opportunities and increased visitation in the Las Vegas market are expected to drive domestic market profits.
NFL Recap: Why Climbing TV Ratings Matter & Football's Gambling Future
by Benjamin Rains
On this episode of the Full-Court Finance podcast, Associate Stock Strategist Ben Rains breaks down the newly released 2018 NFL TV ratings. Plus, he dives into the NFL's first-ever sports gambling partnership and what it means for the league's future.
Gambling Stock Roundup: Macau Gambling Revenues Surge, MGM Announces Strategic Efforts
by Zacks Equity Research
Gambling stocks with highest exposure in the Macau region surge after revenues surpass analyst expectations. MGM Resorts International (MGM) announces the "MGM 2020" plan.
MGM Resorts (MGM) Announces MGM 2020 Plan to Drive Growth
by Zacks Equity Research
MGM Resorts (MGM) announces the "MGM 2020" plan. The plan will not only focus on cost-saving initiatives but also on improving efficiencies.
Penn National's Shares Decline 35% in a Year: Can it Rebound?
by Zacks Equity Research
Penn National (PENN) rides on top-line momentum and acquisitions while stiff competition and other macroeconomic woes continue to hurt the company.
Bear of the Day: Wynn Resorts (WYNN)
by Benjamin Rains
Shares of this casino and resort giant have tumbled 37% in the last year and its growth prospects hardly look promising.
Penn National Completes Acquiring Margaritaville for $115M
by Zacks Equity Research
Penn National (PENN) continues with acquisition strategies that help the company expand presence as well as improve revenue yields.
Casino Stocks Surge on Impressive Macau Gambling Revenues
by Zacks Equity Research
Macau impressed investors with better-than-expected revenues for the second successive quarter. Moreover, gambling revenues from the region also surged 16.6% in December.
MGM Resorts Rides on Non-Gaming Initiatives Despite High Debt
by Zacks Equity Research
While several digital initiatives and domestic ventures aid MGM Resorts' (MGM) top line, high debt burden and increased competition hurt its profitability.
Pro Leagues Embrace Sports Betting & the Basketball Shoe Market Expands
by Benjamin Rains
On this episode of the Full-Court Finance podcast, Associate Stock Strategist Ben Rains dives into the latest sports betting news as MLB joins the fun. He then breaks down another well-known company's jump into the business of basketball.
MGM (MGM) Up 4.1% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
MGM (MGM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Penn National to Acquire Greektown Casino-Hotel's Operations
by Zacks Equity Research
Penn National (PENN) is known for its acquisition strategies, which helps the company to expand its presence and improve revenue yields.
MGM Versus LVS: Which Casino Stock is Worth the Gamble Now?
by Zacks Equity Research
While Las Vegas Sands (LVS) has an edge over MGM Resorts (MGM) in terms of projected EPS, the latter has a better debt-to-asset ratio.
Penn National Rides on Top-Line Growth Despite Competition
by Zacks Equity Research
Penn National's (PENN) margin-improvement initiatives and acquisitions are the key growth drivers while competition creates headwinds for the company.
MGM Resorts Strategic Efforts Impressive: Should You Hold?
by Zacks Equity Research
MGM Resorts' (MGM) strong brand presence, solid long-term prospects of Macau business and digital initiatives bode well; debt level high.
Gaming Industry Outlook: Macau to Hurt Near-Term Prospects
by Zacks Equity Research
Macau, which is the world's largest gambling hub, remains volatile. Slowdown in Chin economy and the trade war between Beijing and Washington impacting casino operators in Macau.
MGM Resorts (MGM) Q3 Earnings & Revenues Surpass Estimates
by Zacks Equity Research
MGM Resorts' (MGM) third-quarter 2018 results were driven by improved revenues at MGM China.
The Zacks Analyst Blog Highlights: Facebook, Amgen and MGM Resorts International
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Facebook, Amgen and MGM Resorts International
MGM Resorts (MGM) Tops Q3 Earnings and Revenue Estimates
by Zacks Equity Research
MGM (MGM) delivered earnings and revenue surprises of 33.33% and 4.07%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Facebook Beats Q3 Estimates, Swings to Positive; Plus AMGN, MGM
by Mark Vickery
Facebook earnings beat by 30 cents from the Zacks consensus to $1.76 per share, and above the $1.59 in the year-ago quarter. However, revenues missed expectations of $13.81 billion, posting $13.73 billion, but are still up roughly 30% year over year.
MGM Resorts (MGM) Q3 Earnings: China Operations Hold Key
by Zacks Equity Research
MGM Resorts' (MGM) top line in the third quarter is likely to be driven by an increase in revenues from China operation.
MGM Resorts (MGM) Q3 Earnings Preview: How Are Events Shaping Up?
by Zacks Equity Research
MGM (MGM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A Deep Dive into the Business of the NBA
by Benjamin Rains
On this episode of the Full-Court Finance podcast, Associate Stock Strategist Ben Rains breaks down the booming, international business of the NBA.
Boyd Gaming (BYD) Strategic Plans Bode Well for the Stock
by Zacks Equity Research
Boyd Gaming's (BYD) consistent focus on expansion strategy to drive growth in the long run is impressive.
The Zacks Analyst Blog Highlights: Las Vegas Sands, MGM Resorts International, Wynn Resorts and Caesars Entertainment
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Las Vegas Sands, MGM Resorts International, Wynn Resorts and Caesars Entertainment