Macau

Here is another interesting way to review a company's earnings report. Below is a world cloud of Wynn Resorts, Limited (NASDAQ: WYNN) earnings from Tuesday night. These are the frequency of the word spoken during the conference call with analysts. It's clear that Macau is on everybody's...

Wynn Resorts Limited (NASDAQ: WYNN) reported solid earnings Tuesday evening, with improvement in the Las Vegas market. The gaming operator increased payout on its quarterly dividend by 20 percent. "Adjusted earnings of $1.95 in the third quarter grew 6% from the year-ago quarter and...

Deutsche Bank analysts on Tuesday offered comments on the Macau gaming industry. Carlo Santarelli finds that overall revenue forecast for fourth quarter 2014 and 2014 are -15.3 percent and 0 percent, respectively. Amid the industry coverage, Deutsche Bank changed the investment rating on two...

Carlo Santarelli of Deutsche Bank downgraded shares of Las Vegas Sands Corp. (NYSE: LVS)  to Hold from Buy with a price target lowered to $65 from $74. "While we continue to believe the Macau market has a favorable longer term arc, driven by room supply growth, infrastructure, and...

The odds got a little longer for casino stocks Monday after an analyst published a downgrade covering the full sector Monday, citing heightened uncertainty surrounding operations in Macau. Discomfort with Macau performance has been growing since earlier this year on a slow-down in revenue...

Major casino shares were all down modestly Thursday, despite new data showing a 4.8 percent increase in "gaming win" from the Las Vegas Strip neighborhood. Casinos stocks have faced recent slowdown in Macau as well as dire headlines on the financial woes of Caesars. Revenue for the...

Target prices on a big raft of Macau casinos were slashed by double digits at Citi Research Friday in the face of shrinking revenue. "We remain bullish on the sector but it's prudent to reset expectations" in light of lower revenue, Citi's Anil Daswani said in a note Friday...

Gaming companies with Macau exposure were trending down Wednesday, as the Street digested recent news that casino revenue in the former Portuguese colony fell 3.6 percent last month. Deutsche Bank's Carlo Santarelli cut his third-quarter forecast for total Macau gaming revenue Wednesday and...

Strong Las Vegas results coupled with weakness in Macau and regional gambling adds up to a mixed bag for gaming stocks, an analyst said Monday. Macau's gaming revenue in June posted its first drop since 2009, falling nearly four percent in the face of a slowdown in China's economy and...

Wells Fargo analyst Cameron McKnight lowered revenue growth estimate on the Macau market following weak VIP growth and World Cup betting. Macau Market Feels Softening VIP Trend McKnight cut his 2014 Macau market revenue growth estimate from 11 percent to eight percent year-over-year amid weak...

Casino stocks continue to gain on Macau news. Shares of Las Vegas Sands (NYSE: LVS), Melco Crown Entertainment (NASDAQ: MPEL), Wynn Resorts (NASDAQ: WYNN), MGM Resorts (NYSE: MGM) and Caesars Entertainment (NASDAQ: CZR) continue to trade higher this week amid the prospective gaming approval in...