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Shares of Melco Resorts & Entertainment (NASDAQ: MLCO) slipped Friday after the stock was downgraded to “hold” from “buy” by Texas Capital analyst David Bain. In midday trading...
Texas Capital Securities has downgraded Melco Resorts & Entertainment from Buy to Hold, reducing its price target from $8 to $5.50 as uncertainty over Macau’s gaming market clo...
MGM Shenzhen Prince Bay Grand Opening
MGM China has opened MGM Shenzhen Prince Bay in the Prince Bay area of Shekou, Shenzhen, China, adding a 298-room property to its mainland hospitality portfolio. The hotel official...
Morpheus at City of Dreams Macau has become the first hotel in Macau to receive Three MICHELIN Keys, the highest level in the MICHELIN Guide’s hotel recognition system. The Melco R...
Wynn Resorts’ $5.7 bil...
Coveted land next to a forthcoming MGM casino resort has hit the market, but only developers with deep pockets need apply. MGM Resorts International and Japanese financial services...
Resorts World New York has a leg up on its two yet-to-be-built competitors in the New York City-area casino competition with Fitch Ratings forecasting a significant ramp-up in earn...
MGM Resorts' Board reaffirms its standalone strategy after People Incorporated withdrew its acquisition proposal, citing Las Vegas leadership, regional properties, BetMGM, and MGM...
Shares of Monarch Casino & Resort (NASDAQ: MCRI) are up nearly 25% this year, making the Atlantis owner one of the best-performing names among casino stocks, but an analyst bel...
Plus, an off-Strip casino has collaborated with Aristocrat Gaming to develop a new gaming space to bring together Dragon Link and Phoenix Link slot machines.
Geopolitical tensions in the Middle East have weighed heavily on Wynn Resorts (NASDAQ: WYNN) this year. However, some Wall Street analysts believe the operator’s upcoming United Ar...
Universal Entertainment Colombo has withdrawn from a proposed integrated resort development at Sri Lanka’s Colombo Port City after conducting due diligence on a 10-hectare site, ac...
Tokyo-based Universal Entertainment Corporation (UEC) has formed an overseas business based in Nevada that will focus on gaming manufacturing and distribution, with the US market a...
Wynn Macau Ltd has marked its 20th anniversary in Macau by granting 35.98 million new shares worth approximately HK$204 million (US$26 million) to m...
As the Las Vegas NBA expansion process moves along without an announced timeline on when a bid could be awarded, where a team would play remains up in the air.
MGM Resorts will remain a standalone company after negotiations between the pair didn’t play out “the way we had hoped,” per People Inc. owner Barry Diller.
MGM Resorts is investing $107 million to renovate more than 2,000 guestrooms and suites in the Borgata’s original hotel tower. Borgata has been the market leader in Atlantic City f...
Resorts World should be the home of Las Vegas’ NBA future, according to the president of Resorts World, who is doubling down on his property’s 42-acre footprint as the most turnkey...
The Resorts World Debacle continues to compound as reports surface of a complete disregard to fiduciary duty. The RW's latest is a claim that Argentinian Gambolers left $100 Milli...
International Entertainment Corporation (IEC) expects its attributable loss to reach approximately HK500 million for the financial year ended June 30,2026, compared with a loss of...
Las Vegas Sands (NYSE: LVS) modestly increased its stake in its Sands China unit, taking its equity ownership in the Macau casino giant to just over 75%. In a Tuesday regulatory fi...
Macau casinos generated gross gaming revenue (GGR) of MOP 18.06 billion ($2.23 billion) in September 2026. The result marked the fourth consecutive monthly decline year-over-year,...
After making a series of 52-week lows in recent weeks, Wynn Resorts (NASDAQ: WYNN) stock is off 29.23% year-to-date due to a confluence of factors. In a recent report to clients, J...
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