Las Vegas Sands

U.S. stocks were unable to keep yesterday's momentum and ended the day sharply lower. The Dow suffered yet another triple digit decline with the S&P 500 and Nasdaq indices shedding more than one percent. In Ben Bernanke's final meeting as Fed chief, the FOMC tapered its monthly bond...

The earnings crunch is on this week. Highlights will include reports from Amazon.com, Apple, Boeing, Comcast, Facebook, Google and Yahoo! All of them are expected to report year-over-year growth in per-share earnings. But analysts are looking for declining profits from the likes of Caterpillar,...

Alcoa may have reported disappointing results last week, but the fourth-quarter earnings season really kicks off this week with reports from J.P. Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) on Tuesday. Big name financials will be well represented this week, with results due from the likes of...

Major indices ended the day little changed as investors and traders were not sure how to react to today's job reports. 74,000 jobs were added, well below the estimated 196,000. The report proved to be a complete contradiction to every other report previously seen. Related: ETFs Moving On The...

On Tuesday, a team of analysts led by Anil Daswani at Citigroup (NYSE: C) released an outlook for the global gaming market. The analysts are bullish on the entire industry, using profound terms to describe 2014 as a “watershed year” for U.S. and Macau based gaming stocks. Macau: still room to...

For the first time in the new year, markets ended the day on a positive note. While it is only a few days in, markets appear to have started off 2014 on uncertain footing. Investors and traders found some positives in the U.S. trade deficit which fell to its lowest level in four years, an...

In 2013, gaming revenues in the Macau region rose 18.6 percent to $45.2 billion, according to Macau's Gaming Inspection and Coordination Bureau. Macau's gaming revenues pales in comparison to those seen in Las Vegas. The Vegas strip generated $5.8 billion from January to November. Macau is home...

According to Jim Bullard, the chances of the Fed tapering have increased due to recent labor market data. “There is no widely accepted reason why inflation is running as low as it is in the face of extraordinarily accommodative policy for the Fed,” he added. The St. Louis Fed chief added that...

Stock futures declined before the equity markets opened after the ADP employment report showed a higher than expected 215,000 jobs were added during the month of November. Investors and traders were spooked by the report that solidifies the Fed's case to begin tapering. Traders and investors...

Japan is moving closer to legalize gambling in the country, The Wall Street Journal reported on Monday. Lawmakers will submit a bill to legalize gambling within the next few days. Proponents of the bill believe that legalizing gambling will “provide a strong boost to the government's growth plans...

Major indices crawled higher on light volume, which was to be expected. The Nasdaq to new highs that haven't been seen since September 2000, while the other major indices failed to hold on to earlier gains, but still finished in positive territory. On Thursday, the markets will take a much...

The State of Nevada Gaming Control Board released its "Monthly Win and Percentage Fee Tax Collections" report on Monday. The regularly scheduled report details the total “gaming win” of all Nevada's non-restricted gaming licensees. Total gaming wins across Nevada decreased 2.58 percent from one...

The third-quarter earnings crunch is underway this week. The financial sector will be well represented, with quarterly reports due from the likes of Goldman Sachs and American Express, as well as the tech sector, highlighted by Google and Intel. Coca-Cola and Johnson & Johnson are among the...

If you placed a bet on casino stocks one month ago, congratulations, you’ve beaten the house. MGM Resorts International (NYSE: MGM) is up nearly nine percent, Las Vegas Sands (NYSE: LVS) is up about 9.5 percent, and Wynn Resorts (NASDAQ: WYNN) is up more than five percent. On Monday, these same...

Colorado-based ski resort operator Vail Resorts (NYSE: MTN) posted a wider-than-expected quarterly net loss early Tuesday due to higher expenses and lower retail sales, pushing the share price down more than 10 percent in morning trading. Still, the share price is more than 39 percent higher year...