WSOP

WSOP

Casino games at wsop.com brings you a top class online casino under the umbrella of the world prestigious WSOP poker brand and does everything it can to live up to its great reputation. Offering players a huge range of fun, exciting casino games, excellent promotions, top bonuses and jackpot prizes, it provides one of the most authentic online casino experiences.Whether you enjoy a spin on the Roulette, the thrill of a Blackjack bet or the excitement of a spinning slot machine, WSOP casino has got it covered.

+ More info...

Wynn Earnings A Win For Casino Stocks (WYNN, LVS, MGM, MPEL, PENN) - tickerspy Newswire

E-mail Print PDF

CASINO INVESTING IDEAS

CASINO COVERAGE

Casinos offering a myriad methods by which and locations where gamblers can put some money on the line

CASINO CHART

CASINO METRICS


Shares of Wynn Resorts (WYNN) are surging 6% after the operator of the Encore and Wynn casinos said its first-quarter profit climbed to $173.8 million, or $1.39 a share, from $27 million, or 22 cents a share. The company said business in Las Vegas is improving and Macau is booming. Revenue in those markets rose 24% and 47%, respectively, Wynn said.

Wynn’s strong results are helping the Casino Stocks Index to a 2.9% gain. Wynn’s total sales for the first quarter jumped 39% to $1.26 billion, topping the $1.16 billion analysts were expecting. The company said it is preparing to build a third property in Macau and expects approval for that project shortly, Bloomberg News reported.

Las Vegas-based Wynn also announced it will double its quarterly dividend to 50 cents a share from 25 cents. Wynn said its Las Vegas average daily room rate rose 18% in the first quarter, with occupancy down 1.5% to 87.9%, Bloomberg reported. Jefferies reiterated a “buy” rating on Wynn shares while boosting its price target on the stock to $174 from $141. Hudson Securities raised its price target on Wynn to $146 from $129.

Shares of Wynn rival Las Vegas Sands (LVS), the operator of the Palazzo and the Venetian, are higher by 2% as are shares of MGM Resorts International (MGM). Macau player Melco Crown Entertainment (MPEL) and Penn National Gaming (PENN) are also up 2% each.

Investors can track the Casino Stocks Index for performance trends and a suite of other metrics at tickerspy.com.


Tags: , , , ,



Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEKWzckla6qwpwh-RPTy79OUPfFJQ&url=http://www.tickerspy.com/newswire/?p=4353

You are here

williamhill

William Hill

The William Hill Casino Club is operated by William Hill Gaming, the UK’s leading betting agent and one of the foremost names in the entire gaming industry. William Hill is using their vast knowledge acquired over years in the industry to provide their members with a quick, stylish and reputable online casino.

The William Hill Casino Club has a selection of over 175 games some with jackpots reaching into the thousands of pounds. The games at the William Hill Casino Club are divided amongst seven different categories: Blackjack, Roulette, Card & Table Games, Slot Machines, Casino Poker, Video Poker and Arcade Games.
+ More info...