Wynn Resorts, Limited
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Three Stocks that Screen for Profits in 2013
By AnnaLisa Kraft - March 26, 2013 | Tickers: ERIE, TNH, WYNN
I love playing around with screeners--to me it's like sieving for gold. I love plugging data into the Motley Fool.com screener (under the CAPS community tab) and finding treasure. After looking around for mid and large caps with decent yields over 3%, double digit earnings and revenue growth, and low short interest, only three companies came up: Terra Nitrogen LP (NYSE: TNH), Wynn Resorts (NASDAQ: WYNN) , and Erie more »
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A Better Way To Play The Gaming Industry
By Matthew Frankel - March 22, 2013 | Tickers: BYI, IGT, LVS, WYNN
The casino industry is one of the most exciting in the market, and has produced some of the best returns in the market since the financial crisis (congrats to anyone who got into Las Vegas Sands (NYSE: LVS) at the bottom). However, my favorite way to play the sector right now is not with one of the casinos themselves, but with International Game Technology, known to most as IGT (NYSE: IGTmore »)
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Zynga: Ready To Set Sail Or To Sink Ship?
By David Schneider - March 19, 2013 | Tickers: FB, MGM, WYNN, ZNGA
Gambling has always been seen as a sin in Western society. Slowly and surely, new casino projects are being approved throughout the United States. In the east coast of the United States in particular, there have been two new casinos opened in Maryland, four being constructed in Ohio, and recently in Pennsylvania (Sands Bethlehem) and New York City (Worlds Resort). The Revel in Atlantic City has also opened, competing against more »
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Las Vegas Sands Corp : Play the Bets
By Shas Dey - March 12, 2013 | Tickers: LVS, MPEL, WYNN
Las Vegas Sands Corp (NYSE: LVS), the casino behemoth run by billionaire Sheldon Adelson, is a global developer of destination properties (integrated resorts) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. Its operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States.
Recently, Las Vegas Sands has been in the news for allegations of more »
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Growth-Oriented Hedge Fund Focusing on Google, Priceline
By Meena Krishnamsetty - March 8, 2013 | Tickers: ADBE, GOOG, MSI, PCLN, WYNN
At Insider Monkey, we track 450 of the world's most elite hedge funds, because as our research shows, the best equity holdings of the most talented money managers have had market-beating potential in the past. Our small-cap strategy beat the broader indices by 18% a year for more than a decade in our back tests, and since sharing these picks with the public, they've beaten the S&P more »
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The Care And Feeding Of Whales-A Guide To Casino Stocks
By AnnaLisa Kraft - March 4, 2013 | Tickers: LVS, MGM, WYNN
A little known-but fascinating risk in casino investing is the "whale," a gambler who can drop thousands on a single hand without batting an eye. Tales of whales are legendary, like late Australian billionaire Kerry Packer's $26 million win over a couple hours at MGM Resorts (NYSE: MGM) -- a win so large it hurt the quarterly earnings of MGM in 1995.
Whale Hunt In The Desert is the true more »
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Beating Vegas With These Gaming Stocks
By Ash Anderson - February 20, 2013 | Tickers: LVS, MGM, WYNN
Gambling is big business, especially for Las Vegas, Nevada. The city welcomes close to 40 million visitors per year, many coming for conventions, and many coming for the fun that the city offers. There are over 150,000 hotel rooms in the city, and three companies make up the lion’s share of the hotels on the famous Las Vegas Boulevard.
So, who are these companies? Well, you have MGM more »
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Macao's Gambling Monopoly in China Ending?
By Margie Nemcick-Cruz - February 20, 2013 | Tickers: CZR, LVS, MGM, WYNN
Macao’s grip on its gambling monopoly may be getting slippery. According to this article in Yahoo Finance, a film and real estate mogul named Zhang Baoquan has opened the Mangrove Tree Resort World, the first “cashless casino” on China’s Hainan Island, an hour’s plane ride away from Macao.
Quoting the above article: “the casino bar marks the Chinese government's first tacit approval of a gaming concept more »
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Are These Resort & Casino Stocks Too Much Of A Gamble?
By Bill Edson - February 15, 2013 | Tickers: CCL, RCL, WYNN
Resort and casino stocks are so pricey that investors might want to consider betting against the house. With the exception of Royal Caribbean (NYSE: RCL), cruise lines and land-based casinos are too expensive.
Sometimes the House Loses
Full-year casino industry revenue in Macau climbed 14% to a record 304 billion patacas ($38.06 billion) in 2012. Even though the casino industry in Macau is healthy, fierce competition can destroy corporate more »
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The Past, Present and Future of Las Vegas Sands
By Leo Sun - February 13, 2013 | Tickers: LVS, MGM, WYNN |
Gambling giant Las Vegas Sands (NYSE: LVS) is a perfect story stock. Once battered to the brink of bankruptcy, Las Vegas Sands fell from $140 to less than $2 per share in a mere two years. But just as the market left the company for dead, CEO Sheldon Adelson’s big bets in Macau -- the “Las Vegas of the East” -- paid off handsomely.
The story of Las Vegas Sands can more »
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Should You Short This Stock Now?
By Shas Dey - February 7, 2013 | Tickers: LVS, MPEL, WYNN
Las Vegas Sands (NYSE: LVS) announced fourth quarter results after the bell last Wednesday. The stock, which was at $53.38 at opening trade on Jan. 28, slipped 3.9% to $51.05 at the close of trading the next day. On the day the results were to be released, the stock gained 0.94% and closed at $51.56. However, after the results became public, the after hours quote more »
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A Look at Three Casino Stocks
By Madhu Dube - January 23, 2013 | Tickers: LVS, MGM, WYNN
The revenue from gambling in the Chinese territory in December, 2012 spiked up as the casinos in Macau ended the year on a high note with 19% increase in revenue. This growth is above the consensus estimate of 17%. And, among the publicly traded companies in Macau the table-only December market share up to 25th came as follows:
Company
December (first 25 days)
November
Wynn Resorts (NASDAQ: WYNN)
9.50 more »
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Gambling With a 9% Dividend Yield
By Johan Seijkens - January 14, 2013 | Tickers: AERL, LVS, MPEL, WYNN
Chinese gamblers like Macau, just as Americans love Las Vegas. The big difference is that Macau generates five times more in gross gaming revenues than the casinos on the Las Vegas Strip.
The reason that Macau is booming is because it is the only place on Chinese soil where table gaming is permitted. Gambling has been legal for more than 150 years in Macau. In 2011 Macau boasted 28 million more »
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A Primer On Casino Stocks And Macau
By Bob Chandler - January 11, 2013 | Tickers: LVS, MPEL, MGM, WYNN
Those interested in casino stocks cannot ignore the activities in Macau. Macau is located about 40 miles from Hong Kong and the government opened up its gaming market in 2002. It is now the largest in the world with gaming revenues hitting a record $38 billion in 2012 compared to roughly $14 billion generated in the U.S. Nevada market. The current hotspot for casino development in Macau is called more »
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Are These Casino Stocks A Good Bet?
By Bill Edson - January 11, 2013 | Tickers: MGM, PENN, RCL, WYNN
There are no compelling casino stocks at current prices. There are several attractive growth stories, but investors should wait for lower valuations before placing their bets. Anything over a 15x multiple is high for casino stocks, which are highly cyclical and face both regulatory risk and stiff competition, in addition to higher taxes. Multiples (in the 20s) should be afforded to stalwarts like Smuckers (SJM), not cyclical gaming companies.
Valuation more »
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The World's Best Casino Operator is Selling at an Attractive Price
By Ted Cooper - January 8, 2013 | Tickers: LVS, MGM, WYNN
Casinos took a big hit during the recent global recession, after taking on too much debt in the run-up to the financial crisis. However, some casinos' struggles with high debt relative to cash flow is others' opportunity to establish a dominant position in the industry.
Las Vegas Sands (NYSE: LVS) is one casino that should be able to steal even more market share as casinos like MGM Resorts International (NYSE: MGMmore »)
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Betting on This High Growth Casino
By Andrés Cardenal - January 8, 2013 | Tickers: LVS, MPEL, MGM, WYNN
Good investors have many things in common with smart gamblers: they both play only when and where they have an edge, they strive to find situations with an attractive risk and reward trade off, and they bet strongly when the odds are on their side. Speaking of gambling and investing, shares of Melco Crown Entertainment (NASDAQ: MPEL) look like a convenient bet for long term investors.
A pure play on more »
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Could Gaming Stocks Rally in 2013?
By Brian Nichols - January 2, 2013 | Tickers: LVS, MGM, WYNN
China’s Macau, the world’s largest casino market, saw casino revenue rise 13.5% to $38 billion in 2012. As a result, casino stocks and U.S. based gaming stocks are greatly outperforming a bullish market during the first trading day of 2013. Might this be a sign of a casino rally in 2013?
Company
Ticker
2012 Performance
1/2/2012 Performance*
Las Vegas Sands
(NYSE: LVS)
4.50 more »
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Time to Bet Big on This Casino
By Ted Cooper - January 2, 2013 | Tickers: LVS, MGM, WYNN
Casinos were hit hard by the recession following the 2008 financial crisis and investors have yet to warm up to them again. However, in addition to growth opportunities in Asia, casinos should benefit from a rebound in the U.S. economy. The industry as a whole should do well over the next few years, but the investor who picks the best casino will earn the highest return.
Similar on the more »
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Which Casino Stocks Are Worth the Gamble?
By Matthew Frankel - January 1, 2013 | Tickers: LVS, MGM, WYNN
When it comes to casinos and gaming stocks, they all have a few things in common. All are rated “high risk” by analysts and carry an above-average level of volatility. All have earnings that tend to fluctuate wildly from year to year. They are also all potentially very lucrative. For example, Wynn Resorts (NASDAQ: WYNN) was trading as low as $14.50 as recently as 2009, and two years later more »