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Moody's Investors Service has placed Macau's Aa2 government issuer rating on review for downgrade amid a drop in gaming revenues. This is a negative read-through for companies like Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM) and...

Shares of Wynn Resorts, Limited (NASDAQ: WYNN) are surging following the company’s updated Q4 guidance suggesting in-line Macau EBITDA and better-than-expected Las Vegas revenue for the quarter. The Macau numbers are particularly encouraging and are already being seen by some analysts as a...

Shares of Wynn Resorts, Limited (NASDAQ: WYNN) are spiking more than 7.7 percent on an extremely weak day in the market after the company reported preliminary Q4 results that impressed the market. Credit Suisse analyst Joel Simkins sees Wynn’s numbers as a positive sign the Macau market...

Casino stocks, particularly those with a strong presence in Macau, continued trading lower early Thursday morning following a concerning report by The Wall Street Journal. Shares of MGM Resorts International (NYSE: MGM) were trading lower by more than 4 percent, while both Las Vegas Sands Corp. (...

Strong Golden Week revenue numbers in Macau were followed by the weakest weekly numbers since 2010. With Studio City opening up this month, table allocation could soon be a concern for operators opening new resorts. Bernstein believes that stock selection remains critical when it comes to Macau...

After a strong start to the Golden Week holidays, Macau visitation numbers were hit hard by the arrival of Typhoon Mujigae. Prior to the typhoon’s landfall, Macau visitation numbers for October were 7.1 percent higher than last October’s numbers. Monthly gross gaming revenue in Macau...

Casino operators with exposure to Macau, such as Las Vegas Sands Corp. (NYSE: LVS) have seen their stocks plummet over the past year. Gross gaming revenue in Macau fell in September, marking the 16th straight month of declines. Bloomberg reported that China's government may move to...

The latest Vegas gaming revenue numbers show that the strip is continuing to slide. Strip revenue declined 4.6 percent in August. Downtown revenue jumped 10.5 percent. With revenue in the world’s largest gaming destination, Macau, China, continuing to decline, casino investors have been...

Some long-hoped-for stabilization in the world’s largest gaming hub has been good news for those investing in casino stocks. As Barron’s noted recently, analysts at Credit Suisse finally found some “green shoots” in the May gaming data from the Chinese island of Macau...

The casino businesses in Las Vegas have gone through tough times since the economic crisis in 2008. Despite improving conditions in Nevada, Atlantic City has not had the same good fortune. Caesars Entertainment Corp (NASDAQ: CZR) Chairman Gary Loveman, was on CNBC recently to discuss why things...

Casino stocks on Tuesday traded lower as analysts from both Deutsche Bank and Credit Suisse issued bearish comments and a weak outlook for the industry. Shares of Melcro Crown Entertainment Ltd (NASDAQ: MPEL) and MGM Resorts International (NYSE: MGM) were trading lower by around 3 percent...