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Zacks News
Melco Resorts (MLCO) Q2 Earnings Top Estimates, Revenues Lag
by Zacks Equity Research
Melco Resorts & Entertainment (MLCO) second-quarter results reflect dismal performance in all gaming segments and non-gaming operations due to the coronavirus pandemic.
Zacks Industry Outlook Highlights: Wynn Resorts, Las Vegas Sands, MGM Resorts, International Game Technology, Monarch Casino & Resort and Red Rock Resorts
by Zacks Equity Research
Zacks Industry Outlook Highlights: Wynn Resorts, Las Vegas Sands, MGM Resorts, International Game Technology, Monarch Casino & Resort and Red Rock Resorts
Gaming Industry Outlook: Sports Betting to Drive Growth
by Harendra Ray
The coronavirus pandemic is hurting the gaming industry. However, robust sports betting market is likely to drive the industry.
Time to Gamble on Sports Betting Stocks & ETF?
by Neena Mishra
Here is what you need to know about online sports betting and gambling industry.
Time to Gamble on Sports Betting Stocks & ETF?
by Neena Mishra
Here is what you need to know about online sports betting and gambling industry.
Stocks Rise on Coronavirus Vaccine Hope
by Zacks Equity Research
Stocks Rise on Coronavirus Vaccine Hope.
Dow, S&P 500 Gain Again; Nasdaq Slightly in the Red
by Mark Vickery
The S&P 500 has now posted its longest winning streak in 16 months -- up for the 7th straight day, and within a percentage point of new all-time highs.
Penn National (PENN) Reports Narrower-Than Expected Q2 Loss
by Zacks Equity Research
Pent-up demand in May and June helps Penn National Gaming (PENN) to post better-than-expected second-quarter results.
Wynn Resorts (WYNN) Q2 Earnings & Revenues Miss Estimates
by Zacks Equity Research
Wynn Resorts' (WYNN) second-quarter 2020 results hurt by dismal performance of Encore Boston Harbor, Macau and Las Vegas operations.
Wynn Resorts (WYNN) Reports Q2 Loss, Lags Revenue Estimates
by Zacks Equity Research
Wynn (WYNN) delivered earnings and revenue surprises of -25.56% and -71.76%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Gaming Industry Continues to Bear Coronavirus Brunt in Macau
by Harendra Ray
Gaming revenues declined sharply in Macau due to a reduction in footfall as China continued to decline individual and group visas to Macau as a safety precaution.
Is a Surprise Coming for Wynn Resorts (WYNN) This Earnings Season?
by Zacks Equity Research
Wynn Resorts (WYNN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Factors Setting the Tone for Wynn Resorts (WYNN) Q2 Earnings
by Zacks Equity Research
Wynn Resorts (WYNN) second-quarter results are likely reflect dismal performance of Macau and Las Vegas operations.
MGM Resorts (MGM) Posts Narrower-than-Expected Loss in Q2
by Zacks Equity Research
MGM Resorts (MGM) second-quarter results hurt by casinos closure in Las Vegas and other restrictions in Macau due to the coronavirus pandemic.
Wynn Resorts (WYNN) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
by Zacks Equity Research
Wynn (WYNN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will Soft Sales Volume Impact Mohawk (MHK) Q2 Earnings?
by Zacks Equity Research
Lower demand and reduced production volume are likely to reflect on Mohawk Industries' (MHK) second-quarter 2020 results.
Factors Setting the Tone for MGM Resorts (MGM) Q2 Earnings
by Zacks Equity Research
MGM Resorts' (MGM) second-quarter results are likely to reflect dismal performance of both China and domestic operations.
What's in the Cards for Las Vegas Sands (LVS) Q2 Earnings?
by Zacks Equity Research
Las Vegas Sands' (LVS) second-quarter results are likely to reflect decline in top and bottom line on account of casinos closure due to the pandemic.
MGM Resorts' BetMGM-Denver Broncos Tie Up for Sports Betting
by Zacks Equity Research
MGM Resorts International (MGM) and GVC Holdings' joint venture, Roar Digital's sports betting brand, BetMGM and The Denver Broncos recently entered into a multi-year agreement.
Wynn Resorts Banks on Macau Business, Traffic a Concern
by Zacks Equity Research
Wynn Resorts' (WYNN) focus on the non-gaming business and its robust portfolio bode well. However, coronavirus-related woes persist.
MGM Resorts & GVC Holdings Increase Investment in BetMGM
by Zacks Equity Research
MGM Resorts (MGM) continues to focus on strengthening sports betting platform to drive growth.
Red Rock Resorts Strong on Las Vegas Operations, Costs High
by Zacks Equity Research
Red Rock Resorts' (RRR) focus on Palace Station and Palms redevelopment projects bodes well. However, decline in traffic due to the coronavirus outbreak is concerning.
MGM Resorts Bellagio Error Likely the Largest Sportsbook Loss
by Zacks Equity Research
MGM Resorts (MGM) is likely to have witnessed largest sportsbook loss in Las Vegas history on bets made after an event was underway.
Stock Market News for Jun 25, 2020
by Zacks Equity Research
Wall Street closed sharply lower on Wednesday as several large states reported record high new cases of the coronavirus.
Markets Sell Off on Rise in COVID Cases; KB Home Misses Ests
by Mark Vickery
Following 6 weeks of lowering levels ahead of the economy reopening, we are starting to see nasty spikes in new cases from certain states.