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Industry Center - Resorts & Casinos
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Resorts & Casinos News
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1. Penn National Gaming to Participate in Gabelli & Co. Best Ideas Conference on Friday December 4 - Business Wire - Mon 4:45 pm ET
WYOMISSING, Pa.----Penn National Gaming, Inc. announced today that its Chief Financial Officer, William J. Clifford, will participate in an audio webcast in conjunction with the Company’s participation at the Gabelli & Co.
2. Sands Raises $5B for Macau Expansion - Zacks.com - Mon 10:53 am ET
Visa restrictions have recently been slackened by Beijing to allow mainland tourists to visit Macau once a month rather than twice a year.
3. Award Winning Leisure Analyst From Barclays Picks Hotel And Resorts Sector Investment Winners: Is A Rebound In 2011 And 2012 Too Far Away For Current Valuations? - Wall Street Transcript - Mon 10:46 am ET
67 WALL STREET, New York - November 30, 2009 - The Wall Street Transcript has just published its Travel and Leisure--Airlines, Hotels, Resorts, Cruise Lines, and Restaurants Report offering a timely review of the sector to serious investors and industry executives. This 137 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
4. CityCenter Leaves Casino Investors With Fingers Crossed - Indie Research - Mon 10:04 am ET
MGM Mirage and Dubai World's $8.5 billion CityCenter project has the near-term fate of Las Vegas on its shoulders.
5. FireKeepers Development Authority to Present at the Bank of America Merrill Lynch 2009 Credit Conference - Business Wire - Mon 8:45 am ET
LAS VEGAS----FireKeepers Development Authority, an agency of the Nottawaseppi Huron Band of the Potawatomi, announced today that Full House Resorts Inc. Chief Financial Officer and Chief Operating Officer Mark Miller will be presenting on behalf of the Authority at the Bank of America Merrill Lynch 2009 Credit Conference on Wednesday, December 2 at the Crowne Plaza Times Square in New York City.
6. Sands China tumbles 10 percent in Hong Kong debut - AP - Mon 8:29 am ET
Las Vegas Sands Corp. saw shares in its Macau operation tumble 10 percent in its first day of Hong Kong trading Monday, after raising $2.5 billion in an initial public offering to help restart its languishing gambling projects.
7. Las Vegas rebound riding on $8.5B CityCenter - AP - Mon 6:39 am ET
Sin City is pinning its biggest bet ever -- $8.5 billion -- on a 67-acre, six-tower complex of striking hotels, gourmet restaurants, swank shops and a single casino that starts opening Tuesday in the heart of the Las Vegas Strip.
8. Recent Fundraising Success Raises $5 Billion of New Capital for Las Vegas Sands - PR Newswire - Mon 1:45 am ET
Las Vegas Sands Corp. said today that as a result of its recent fundraising activities it has raised approximately $5 billion of combined debt and equity financing.
9. Sell Hotel And Resort Stocks: Award Winning Analyst Sees Poor Risk/Return Through 2012 - Wall Street Transcript - Tue Nov 24
67 WALL STREET, New York - November 24, 2009 - The Wall Street Transcript has just published its Travel and Leisure Report --Airlines, Hotels, Resorts, Cruise Lines, and Restaurants offering a timely review of the sector to serious investors and industry executives. This 137 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available via The Wall Street Transcript Online.
10. Amid Gambling Slump in Vegas, a Massive Overseas Casino IPO - Indie Research - Fri Nov 20
Overall, it's been a rough month for U.S.-listed casino stocks, but amid struggles in Las Vegas, what could be the most expensive casino in the world is about to go on the block.
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