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UPDATE 1-Macau casino revenue rises 23 pct on year in November

2017-12-01 reuters
Dec 1 - Casinos in the world’s biggest gambling hub of Macau posted a 22.6 percent revenue jump in November from a year earlier, marking the sixteenth consecutive month of growth, government data showed on Friday.

3 Stocks to Buy Ahead of Supreme Court Sports Gambling Case

2017-11-30 zacks
On Monday, the United States Supreme Court will hear oral arguments in Christie v. NCAA—a case that could eventually lead to legalized sports gambling throughout the U.S. (6-0)

Why Is Wynn Resorts (WYNN) Up 8.4% Since the Last Earnings Report?

2017-11-29 zacks
About a month has gone by since the last earnings report for Wynn Resorts (WYNN - Free Report) . Shares have added about 8.4% in that time frame, outperforming the market. (6-0)

While Macau loses its lustre, a Cambodian casino bets on Chinese tourists to hit jackpot

2017-11-18 scmp
Hong Kong-listed NagaCorp is counting on Chinese tourists to boost gaming revenue at its Cambodian casino, as the country targets 2 million Chinese visitors by 2020 (1-0)

Time to Take a Gamble on These 5 Gaming Stocks

2017-11-17 zacks
The casino gaming market has seen steady growth since the June 2016 quarter and there’s nothing to suggest that there will be a reversal in this growth trend. On the other hand, there are good reasons why growth should continue over the next few years. (16-0)

The seven Republican super-donors who keep money in tax havens | News | The Guardian

2017-11-08 theguardian
Paradise Papers show these men, who invest heavily in Super Pacs, share a presence offshore if not a love of Trump (3-0)

Time to Bet on the Casino ETF?

2017-11-02 zacks
Things are looking up for Casino stocks and ETFs. A Nomura report indicated "a noticeable pickup in demand" in Macau's VIP and mass-market gaming revenues in the last 10 days of October, as quoted on CNBC.com. Notably, Macau registered 16.1% year-over-year growth in casino gross gaming revenues in September. (10-0)

Time to Best on the Casino ETF?

2017-11-01 zacks
Things are looking up for Casino stocks and ETFs. A Nomura report indicated "a noticeable pickup in demand" in Macau's VIP and mass-market gaming revenues in the last 10 days of October, as quoted on CNBC.com. Notably, Macau registered 16.1% year-over-year growth in casino gross gaming revenues in September. (10-0)

UPDATE 1-Macau gambling revenue jumps to 3 year high on surge in holiday visitors

2017-11-01 reuters
HONG KONG (Reuters) - Gambling revenue in Macau jumped 22 percent in October, beating expectations to hit a three-year high as a national holiday week saw visitors stream into the world’s biggest casino hub and big bets from VIP punters.

Macau Casino Revenue Climbs to 3-Year High on Post-Holiday Rush - Bloomberg

2017-11-01 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (5-0)

Macau casino operator SJM falls short of market expectation with 16.5pc profit drop in third quarter

2017-10-31 scmp
Analysts say the company’s fortunes may improve in 2018 with Beijing’s push of the ‘Greater Bay Area’ scheme and regional infrastructure projects coming on stream

Gambling Stock Roundup: WYNN, LVS & Other Q3 Releases in Focus

2017-10-30 zacks
Last week was a big one for the gambling industry as major casino operators came up with their third-quarter 2017 earnings results. Among the most notable players were the likes of Wynn Resorts Ltd. (WYNN - Free Report) and Las Vegas Sands Corp. (LVS - Free Report) that reported better-than-expected results. Meanwhile, Penn National Gaming, Inc. (PENN - Free Report) and Monarch Casino & Resort, Inc. (17-0)

Sands to invest US$1.1b in London-themed Macau remodel

2017-10-26 themalaymailonline
Las Vegas Sands Corp chairman and chief executive officer Sheldon Adelson at a news conference in Tokyo, February 24, 2014, in Japan casino race ReutersMACAU, Oct 26 — Las Vegas Sands Corp, capitalising on the rebound in Macau gambling, will spend US$1.1 billion (RM4.66 billion) renovating its properties there, including turning the Sands Cotai Central into a London-themed resort. (4-0)

It's Time To Wynn

2017-10-16 seekingalpha
Casino's are a place where you eat, drink, have a good time, and gamble away your money. CEO Steve Wynn has been in the business since the 70's, and with the expansion of Wynn Las Vegas and Wynn Macau, has seen his company grow into a billion dollar industry. Since then, the company has continued to expand, opening new projects in China last year, with plans to open new casinos in the near future. Since the beginning of this year, the price of the company's stock has increased substantially, with revenues and net income increasing greatly from last year.

Wall Street Breakfast: White House Eyes Healthcare Action

2017-10-09 seekingalpha
Senate Democratic leader Chuck Schumer says he rejected an offer from President Trump to work on replacing the Affordable Care Act. Schumer said the Democrats will only work on fixing problems with the ACA, instead of looking to replace it. Trump tweeted on Saturday morning that he had placed a phone call to Schumer to discuss the issue. Behind the scenes, Republican Senator Lamar Alexander and Democrat Senator Patty Murray are working on a bipartisan fix to calm the insurance markets amid the unrest. (193-0)