MGM is currently trading at 8x EBITDA, compared to its closest peers, Las Vegas Sands and Wynn Resorts , which are each trading at 12-13x EBITDA. Related to this underperformance, in our view, is the Company’s historical lack of credibility with shareholders due to a history of ill-advised capital expenditures, which in turn led to an over-leveraged balance sheet.
If you’re looking for the drivers of Wynn’s fall and what could drive its future, these three charts tell the story. Macau takes its toll Nothing drives Wynn Resorts more than Macau.
‘s stock had its “buy” rating reiterated by equities research analysts at AlphaValue in a research note issued to investors on Thursday, Market Beat Ratings reports. They currently have a GBX 1,116 price target on the stock.
‘s stock had its “buy” rating reiterated by equities research analysts at AlphaValue in a research note issued to investors on Thursday, Market Beat Ratings reports. They currently have a GBX 1,116 price target on the stock.
AGI has been the topic of several other research reports. Canaccord Genuity raised shares of Alamos Gold from a “hold” rating to a “buy” rating and reduced their price objective for the company from $6.50 to $6.00 in a research note on Monday, December 14th.
AGI has been the topic of several other research reports. Canaccord Genuity raised shares of Alamos Gold from a “hold” rating to a “buy” rating and reduced their price objective for the company from $6.50 to $6.00 in a research note on Monday, December 14th.
Microsoft’s new Xbox strategy is the first step in a series of moves designed to bring billions to its top line. But is their approach essentially a monopolistic one that will alienate certain significant pockets of the games development community? Some in the know seem to think so.
Microsoft’s new Xbox strategy is the first step in a series of moves designed to bring billions to its top line. But is their approach essentially a monopolistic one that will alienate certain significant pockets of the games development community? Some in the know seem to think so.
Golden Entertainment, Inc. issued its earnings results on Wednesday. The company reported $1.06 earnings per share for the quarter, AnalystRatingsNetwork.com reports.
Golden Entertainment, Inc. issued its earnings results on Wednesday. The company reported $1.06 earnings per share for the quarter, AnalystRatingsNetwork.com reports.
Saying it had no legal recourse, Wynn Resorts says it has halted its $30-million remediation of the former Monsanto chemical plant here. Get alerted any time new stories match your search criteria.
Saying it had no legal recourse, Wynn Resorts says it has halted its $30-million remediation of the former Monsanto chemical plant here. Get alerted any time new stories match your search criteria.
The Texas Lottery Commission shut down Pluckers ‘ weekly Wingo games earlier this week. In an email to customers, the beloved Austin-based hot wings chain stated: Over the past several months, we have been working with the Texas Lottery Commission to ensure that our WINGO event falls within new legal standards.
The Texas Lottery Commission shut down Pluckers ‘ weekly Wingo games earlier this week. In an email to customers, the beloved Austin-based hot wings chain stated: Over the past several months, we have been working with the Texas Lottery Commission to ensure that our WINGO event falls within new legal standards.
But Leeds University says its new world leading study programme will provide students with technical skills which are desperately needed by the country’s gaming industry. The move comes after warnings that a severe technical skills shortage could compromise the gaming industry’s contribution to the UK economy and leave it trailing in an expanding global industry predicted to reach $113 billion by 2018.
But Leeds University says its new world leading study programme will provide students with technical skills which are desperately needed by the country’s gaming industry. The move comes after warnings that a severe technical skills shortage could compromise the gaming industry’s contribution to the UK economy and leave it trailing in an expanding global industry predicted to reach $113 billion by 2018.
On July 31, 2015, Sartini Gaming, Inc. merged with a subsidiary of Lakes Entertainment and the Company was subsequently renamed Golden Entertainment. Fourth quarter of 2015 marked the first full quarter of inclusion in the Company’s results of the distributed gaming and casino businesses of Sartini Gaming.
On July 31, 2015, Sartini Gaming, Inc. merged with a subsidiary of Lakes Entertainment and the Company was subsequently renamed Golden Entertainment. Fourth quarter of 2015 marked the first full quarter of inclusion in the Company’s results of the distributed gaming and casino businesses of Sartini Gaming.
Penn Capital Management Co. Inc. boosted its stake in shares of Gaming and Leisure Properties Inc by 9.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission.
Penn Capital Management Co. Inc. boosted its stake in shares of Gaming and Leisure Properties Inc by 9.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission.