London’s FTSE 100 was up 0.3% to 6,365.27 at 1400 BST, bouncing back from early declines as investors cheered better-than-expected public finance figures. ARM Holdings was the standout gainer after the chip designer posted a jump in third-quarter pre-tax profit as revenue grew on the back of premium chip pricing and the broadening adoption of its technology.
Table games turnover in the VIP segment was off 53% Y/Y, as the government’s anti-graft campaign has taken a toll. Wynn Resorts reported Q3 earnings last week.
Although the VIP gaming segment may continue to struggle amid Beijing’s crackdown on corruption, robust revenue growth from mass gaming category is encouraging. Macau’s gaming revenue, which has been falling at a brisk pace for more than a year now, has taken its toll on several U.S. casino operators, including Las Vegas Sands .
The global virtual reality in gaming market size is expected to reach USD 9.55 billion by 2022, according to a new report by Grand View Research, Inc. Increasing disposable income and changing lifestyle are expected to drive virtual reality in gaming industry growth over the forecast period. Rising investments by tech giants in such advanced state-of-the-art technology has led to increased popularity for VR.
‘s stock had its “add” rating restated by research analysts at Investec in a research report issued to clients and investors on Wednesday, Market Beat Ratings reports. Shares of Pearson plc opened at 1009.0000 on Wednesday.
They now have a GBX 800 price target on the stock. 10/19/2015 – Pearson plc had its “buy” rating reaffirmed by analysts at Natixis.
Hard Rock Cafe is honoring New Orleans’ classic flair with its latest burger and beer pairing, the Modelo Especial duet. To create an authentic pairing that celebrates the city’s larger-than-life culture, Hard Rock joined forces with New Orleans native, Chef Aaron Burgau , to craft the Modelo Especial Bacon Cheeseburger .
Mark Shunock of the about-to-relocate “Rock of Ages” at the Venetian presents his monthly “Mondays Dark” benefit at Vinyl in the Hard Rock Hotel featuring the Strip’s top performers presenting the music of “South Park” creators Trey Parker and Matt Stone to benefit Project 50 . New York’s famed Carbone Italian restaurant will officially be open to the public for the first time for previews after our first look last Tuesday.
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Penn National Gaming is set to announce its Q315 earnings results on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.19 per share and revenue of $728.95 million for the quarter.
Gaming Laboratories International was recently awarded accreditation as an approved online gaming testing facility by the Isle of Man Gambling Supervision Commission. This opportunity extends GLI’s global coverage, allowing the company to better service its customers not only within the region, but also from around the globe.
That’s about the rate at which US casino billionaire Steve Wynn is borrowing against his extensive art collection as wealth management firms push to win business from the world’s ultra- rich. The gambling mogul pledged 59 works of art as collateral for a loan from Bank of America, one of several steps he recently took to raise cash, according to interviews and regulatory filings.
According to Zacks, “Stantec Inc. provides professional consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying and geomatics. It also provides professional consulting services in environmental sciences, project management, and project economics for infrastructure and facilities projects.
The company announced last week it plans to make a public stock offering and use some of the money it raises to buy out a related management company for $460 million in cash. Brothers Frank Fertitta III and Lorenzo Fertitta own the management company as well as a 58 percent stake in Station Casinos.
A number of firms have modified their ratings and price targets on shares of Morgan Advanced Materials PLC recently: 10/14/2015 – Morgan Advanced Materials PLC is now covered by analysts at Liberum Capital. They set a “buy” rating and a GBX 340 price target on the stock.
A superior court judge has handed Wynn Resorts a key legal victory, ruling a group of taxpayers didn’t have legal standing to challenge the state’s sale of land to the casino company. Judge Janet L. Sanders’s 12-page order, which was dated last week, dismissed a lawsuit brought by 40 taxpayers – including prominent anti-casino activist John Ribeiro – and MBTA riders, who argued that the T’s decision to sell three Everett parcels of land to Wynn for $6 million violated state bidding laws.
Police say a man who was shot in an alleyway several blocks east of the Fremont Street tourist corridor was later found at the Stratosphere casino-hotel where he was taken to the hospital in unknown condition. Las Vegas Police Officer Laura Meltzer said Monday that police received calls of gunshots shortly after 4 p.m. on the 1400 block of Fremont Street.
Whether your ideal ski vacation includes zipping down the slopes or curling up with a mug of spiked cider , there’s a resort with your name on it. Here, ten incredible options .
After rallying hard since the beginning of October on strong Golden Week data, shares of Wynn Resorts, Limited , Las Vegas Sands Corp. , and MGM Resorts International , and Melco Crown Entertainment Ltd are retracing. Let’s take a closer look at what’s causing investors to sell and see if the smart money agrees with the market.
The Brew Brothers hopes to hit the trifecta with meals, music and microbrews at Scioto Downs Racino. The Reno-based restaurant company has sunk $5.9 million into the new dining facility at the racino, 6000 S. High St. on the South Side.