Macau

On Tuesday, a team of analysts led by Anil Daswani at Citigroup (NYSE: C) released an outlook for the global gaming market. The analysts are bullish on the entire industry, using profound terms to describe 2014 as a “watershed year” for U.S. and Macau based gaming stocks. Macau: still room to...

For the first time in the new year, markets ended the day on a positive note. While it is only a few days in, markets appear to have started off 2014 on uncertain footing. Investors and traders found some positives in the U.S. trade deficit which fell to its lowest level in four years, an...

According to Jim Bullard, the chances of the Fed tapering have increased due to recent labor market data. “There is no widely accepted reason why inflation is running as low as it is in the face of extraordinarily accommodative policy for the Fed,” he added. The St. Louis Fed chief added that...

Volume was light across the board despite Friday's early close also marking the last trading day of November. In typical fashion, markets close at 1:00PM on the day following Thanksgiving. As was to be expected, news was rather light and the major indices ended the day almost flat. The Dow...

Major indices crawled higher on light volume, which was to be expected. The Nasdaq to new highs that haven't been seen since September 2000, while the other major indices failed to hold on to earlier gains, but still finished in positive territory. On Thursday, the markets will take a much...

Asian markets set the tone for Monday's trading session with Hong Kong and Shanghai indices receiving a boost from China's reforms which will open up the country's financial sector and ease restrictions on investments. Europe followed suit with major indices inching higher. It was only...

If you placed a bet on casino stocks one month ago, congratulations, you’ve beaten the house. MGM Resorts International (NYSE: MGM) is up nearly nine percent, Las Vegas Sands (NYSE: LVS) is up about 9.5 percent, and Wynn Resorts (NASDAQ: WYNN) is up more than five percent. On Monday, these same...