Reported Earlier, Macau Gambling Revenue In Jun. Fell To Eight-Month Low
$LVS
$MGM
$MLCO
$MSC
Hotels/Resorts
Consumer Discretionary
Hotels/Resorts
Consumer Discretionary
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 9/27/2024 | $97.00 → $104.00 | Equal-Weight → Overweight | Morgan Stanley | |
| 8/23/2024 | $70.00 → $49.00 | Buy → Neutral | UBS | |
| 8/15/2024 | Buy → Hold | Argus | ||
| 7/18/2024 | $10.00 → $7.00 | Overweight → Neutral | JP Morgan | |
| 7/3/2024 | $52.00 | Buy | BTIG Research | |
| 5/31/2024 | $116.00 | Neutral → Buy | Seaport Research Partners | |
| 5/29/2024 | $7.50 → $10.40 | Neutral → Buy | BofA Securities | |
| 5/23/2024 | $110.00 | Hold → Buy | Argus |
Sports betting leader and Authorized Gaming Operator of the NBA will send one winner to Las Vegas for semifinal and championship games JERSEY CITY, N.J., Nov. 21, 2024 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator and Authorized Gaming Operator of the NBA, is launching its first Original Bets Sweepstakes for the 2024 Emirates NBA Cup. From November 21-29, BetMGM customers who wager $10 or more on BetMGM's proprietary NBA Cup Original Bets will have the chance to win the ultimate Las Vegas sports vacation. BetMGM will send one winner to Las Vegas for a five-night stay at MGM Grand, provide tickets to the semifinal and championship games and offer an on-court photo oppo
An On Time Opening in Q1 2027 Anticipated Wynn Resorts, Limited (WYNN) offered an update today on the construction progress of its newest resort, Wynn Al Marjan Island, the first integrated resort in the United Arab Emirates. Wynn Al Marjan Island is located 50 minutes from the Dubai International Airport in the emirate of Ras Al Khaimah. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241121305670/en/Wynn Al Marjan Island, November 21, 2024 (Photo: Business Wire) Construction has proceeded as planned with 55% of the structural concrete now complete. The concrete structure is complete up to the 26th floor of the main resort tow
Bringing the Next Generation of Guest Experience to Las Vegas and Beyond News Summary: Global gaming and entertainment company MGM Resorts International signs a Whole Portfolio Agreement with Cisco to deliver next-generation guest experiences.Agreement gives MGM Resorts access to much of Cisco's software portfolio and Customer Experience (CX) services.Multi-year agreement brings simplicity and predictability as the company paves the way for future location services and next-generation machine learning applicationsSAN JOSE, Calif. and LAS VEGAS, Nov. 18, 2024 /PRNewswire/ -- Cisco (NASDAQ:CSCO) and MGM Resorts International today announce that the companies have signed a Whole Portfolio Agr
4 - MGM Resorts International (0000789570) (Issuer)
4 - MGM Resorts International (0000789570) (Issuer)
4 - MGM Resorts International (0000789570) (Issuer)
SC 13G/A - STUDIO CITY INTERNATIONAL HOLDINGS Ltd (0001713334) (Subject)
SC 13G - WYNN RESORTS LTD (0001174922) (Subject)
SC 13G/A - WYNN RESORTS LTD (0001174922) (Subject)
Morgan Stanley upgraded Wynn Resorts from Equal-Weight to Overweight and set a new price target of $104.00 from $97.00 previously
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
6-K - Melco Resorts & Entertainment LTD (0001381640) (Filer)
6-K - STUDIO CITY INTERNATIONAL HOLDINGS Ltd (0001713334) (Filer)
10-Q - WYNN RESORTS LTD (0001174922) (Filer)
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.
MACAU, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (NASDAQ:MLCO) ("Melco" or the "Company"), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the third quarter of 2024. Total operating revenues for the third quarter of 2024 were US$1.18 billion, representing an increase of approximately 16% from US$1.02 billion for the comparable period in 2023. The increase in total operating revenues was primarily attributable to the improved performance in all gaming segments and non-gaming operations, led by the continued recovery in inbound tourism to Macau during the third quarter of 20
Wynn Resorts, Limited (NASDAQ:WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the third quarter ended September 30, 2024. Operating revenues were $1.69 billion for the third quarter of 2024, an increase of $21.4 million from $1.67 billion for the third quarter of 2023. Net loss attributable to Wynn Resorts, Limited was $32.1 million for the third quarter of 2024, compared to net loss attributable to Wynn Resorts, Limited of $116.7 million for the third quarter of 2023. Diluted net loss per share was $0.29 for the third quarter of 2024, compared to diluted net loss per share of $1.03 for the third quarter of 2023. Adjusted Property EBITDAR(1) was $527.7 million
Visitation Revenue Adjusted EBITDA Posted Year-on-Year Growth All Surpassed 2019 Levels HONG KONG, Oct. 30, 2024 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three and nine months ended September 30, 2024 (the "Period"). The Group is pleased to see the momentum in Macau continued this year following a solid recovery in 2023. For the nine months ended September 30, Macau saw average daily visitor arrival reach 94,602, up by 30% from last year, recovered to 86% of pre-COVID 2019 levels. Visitation recovery has supported growth of g
More than 100 wounded warriors and their guests to visit Las Vegas over Veterans Day weekend LAS VEGAS, Nov. 4, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will host the United Service Organizations (USO) Experience: Salute to the Troops, honoring more than 100 active-duty service members who have been injured in the line of duty beginning Friday, November 8. Now in its 14th year, the five-day celebration will take place at Mandalay Bay Resort & Casino. In partnership with USO, American Airlines will fly these honored guests and t
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
July 18-21 event supported Macao's "tourism+" initiative Free business platform for local SMEs and Sands retailers MACAO, July 24, 2024 /PRNewswire/ -- The 2024 Sands Shopping Carnival successfully drew to a close Sunday at The Venetian® Macao's Cotai Expo, after setting an all-time high of 120,000 visits during four days of shopping, activities and performances. The Sands Shopping Carnival has welcomed over 540,000 visitors since its 2020 debut, becoming an annual signature event for Sands China. It offers residents and tourists an exciting weekend destination while suppor
4 - WYNN RESORTS LTD (0001174922) (Issuer)
4 - LAS VEGAS SANDS CORP (0001300514) (Issuer)
4 - LAS VEGAS SANDS CORP (0001300514) (Issuer)