Las Vegas Strip May Gambling Revenue Rose 3.71% Year-Over-Year to $742.5M
- Bloomberg
- Bloomberg
Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
8/23/2024 | $70.00 → $49.00 | Buy → Neutral | UBS | |
8/15/2024 | Buy → Hold | Argus | ||
7/15/2024 | $33.00 | Neutral → Negative | Susquehanna | |
7/3/2024 | $52.00 | Buy | BTIG Research | |
6/25/2024 | Outperform → Mkt Perform | Raymond James | ||
6/21/2024 | $30.00 | Hold → Buy | Craig Hallum | |
5/31/2024 | $116.00 | Neutral → Buy | Seaport Research Partners | |
5/23/2024 | $110.00 | Hold → Buy | Argus |
LAS VEGAS, Sept. 3, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE:MGM) today announced that it proposes to offer $675,000,000 in aggregate principal amount of senior notes due 2029. The Company intends to use the net proceeds from the offering of the notes to repay existing indebtedness, including its outstanding 5.750% senior notes due 2025. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments. The notes being offered will be general unsecured senior obligations of the Compa
PENN Entertainment, Inc. ("PENN" or the "Company") (NASDAQ:PENN) today reported financial results for the three and six months ended June 30, 2024. Jay Snowden, Chief Executive Officer and President, said: "Our retail properties delivered solid results this quarter as our best-in-class team of operators continues to execute across our diverse portfolio of market leading assets. In our Interactive segment, top-of-funnel growth, improved risk and trading execution, and refined promotional strategies contributed to better-than-expected revenue and Adjusted EBITDA results. Healthy Retail Business Property level highlights1: Revenues of $1.4 billion; Adjusted EBITDAR of $496.6 millio
Wynn Resorts, Limited (NASDAQ:WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the second quarter ended June 30, 2024. Operating revenues were $1.73 billion for the second quarter of 2024, an increase of $137.1 million from $1.60 billion for the second quarter of 2023. Net income attributable to Wynn Resorts, Limited was $111.9 million for the second quarter of 2024, compared to net income attributable to Wynn Resorts, Limited of $105.2 million for the second quarter of 2023. Diluted net income per share was $0.91 for the second quarter of 2024, compared to diluted net income per share of $0.84 for the second quarter of 2023. Adjusted Property EBITDAR(1) was $5
8-K - WYNN RESORTS LTD (0001174922) (Filer)
8-K - WYNN RESORTS LTD (0001174922) (Filer)
8-K - WYNN RESORTS LTD (0001174922) (Filer)
UBS downgraded Las Vegas Sands from Buy to Neutral and set a new price target of $49.00 from $70.00 previously
Argus downgraded Las Vegas Sands from Buy to Hold
Susquehanna downgraded Caesars Entertainment from Neutral to Negative and set a new price target of $33.00
SC 13D/A - PENN Entertainment, Inc. (0000921738) (Subject)
SC 13G/A - PENN Entertainment, Inc. (0000921738) (Subject)
SC 13G/A - MGM Resorts International (0000789570) (Subject)
4 - PENN Entertainment, Inc. (0000921738) (Issuer)
4 - PENN Entertainment, Inc. (0000921738) (Issuer)
4 - PENN Entertainment, Inc. (0000921738) (Issuer)
The company's support of the premier global leadership event represents its aligned commitment to addressing economic empowerment, diversity, hardship relief and climate change. LAS VEGAS, Sept. 17, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) today announced it will be a presenting partner sponsor of the upcoming Clinton Global Initiative (CGI) meeting on Sept. 23-24 in New York City, building on the company's commitment to addressing economic, social and environmental issues for the betterment of its regions around the world. The CGI meeting coincides with the U.N. General Assembly and brings together business, government and civil society leaders to drive progress on climate resilien
BetMGM preferred source for sports betting odds across the USA TODAY Network Gannett Co., Inc. (NYSE:GCI) today announced a multi-year strategic partnership with BetMGM, a leading sports betting and iGaming operator. As part of the agreement, BetMGM will serve as the preferred online sportsbook and casino partner for USA TODAY Sports providing sports betting odds and betting information across the expansive USA TODAY Network in more than 200 local U.S. markets across 43 states with more than 300 digital news and media brands in the portfolio. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240916827292/en/ "We are thrilled to ann
State-of-the-art sports bar Oddfellahs powered by Caesars Sportsbook is now accepting sports bets in downtown Portland Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars") today celebrated the first in-person sports wagering location in the state of Maine at the newly opened sports entertainment venue, Oddfellahs, powered by Caesars Sportsbook. Made possible through Caesars Sportsbook's partnership with First Tracks Investments LLC, the new state-of-the-art sports bar brings in-person sports betting to the Pine Tree State for the first time. Oddfellahs today commemorated its grand opening in the heart of downtown Portland at 55 Market St. with a ceremonial first bet placed by Portland May
4 - WYNN RESORTS LTD (0001174922) (Issuer)
4 - MGM Resorts International (0000789570) (Issuer)
4 - MGM Resorts International (0000789570) (Issuer)
State-of-the-art sports bar Oddfellahs powered by Caesars Sportsbook is now accepting sports bets in downtown Portland Caesars Entertainment, Inc. (NASDAQ:CZR) ("Caesars") today celebrated the first in-person sports wagering location in the state of Maine at the newly opened sports entertainment venue, Oddfellahs, powered by Caesars Sportsbook. Made possible through Caesars Sportsbook's partnership with First Tracks Investments LLC, the new state-of-the-art sports bar brings in-person sports betting to the Pine Tree State for the first time. Oddfellahs today commemorated its grand opening in the heart of downtown Portland at 55 Market St. with a ceremonial first bet placed by Portland May
Hospitality industry leader will more than double solar electricity access LAS VEGAS, Sept. 12, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") is making a bold leap toward its ambitious sustainability goals, signing a power purchase agreement with Escape Solar LLC that will more than double its access to clean solar electricity—an extraordinary stride toward a greener future. The agreement will help propel the Company closer to its goal of procuring 100% renewable electricity in North America by 2030. Already a global leader in sustainability with the world's largest direct connect solar array in the hospitality industry, MGM Resorts currently use
Advances Ongoing Commitment to Refreshment and Strong Corporate Governance Biumi Brings More Than 40 Years of Senior Financial, Operational and Board Experience Hilliard M. Eure III Retires From the Board MarineMax, Inc. (NYSE:HZO), the world's largest recreational boat, yacht and superyacht services Company, today announced the appointment of Bonnie S. Biumi to its Board of Directors, effective September 1, 2024. Ms. Biumi, 62, will also serve as chair of the Audit Committee, replacing Hilliard M. Eure III, who simultaneously will retire from the Board after 20 years of service. Ms. Biumi brings more than 40 years of public accounting and operational leadership experience across di
Macquarie analyst Chad Beynon maintains Las Vegas Sands (NYSE:LVS) with a Outperform and lowers the price target from $58 to $56.
Stifel analyst Steven Wieczynski maintains Las Vegas Sands (NYSE:LVS) with a Buy and lowers the price target from $65 to $55.
Barclays analyst Brandt Montour maintains Las Vegas Sands (NYSE:LVS) with a Overweight and lowers the price target from $57 to $52.