Monday, November 17th, 2008
In doing my research this past weekend for some upcoming articles, I came across tons of news items detailing the stock declines of the major players in the gaming industry. And it’s not just the casino owners/operators who are seeing double-digit stock drops but also the game and technology manufacturers. Thought it would be interesting to see some of the numbers — all in one spot — so here’s a chart showing just that: (All prices are as of market close November 14, 2008.) (more…)
Tags: Bally, Boyd Gaming, casino, casino stocks, G2E, gaming industry, gaming stocks, IGT, Las Vegas, Las Vegas Sands, MGM, mgm mirage, Mirage, Sands, stock declines, stock prices, wms, Wynn, Wynn Resorts
Posted in General, Las Vegas, News, News & Notes |
Thursday, November 6th, 2008
Owner of The Palazzo -- Las Vegas Sands Corp. -- sees troubled times ahead.
Las Vegas Sands Corp. — owner of The Venetian and The Palazzo casino resorts on the Strip in Las Vegas, plus the Macau Venetian, Sands and Four Seasons — said in a regulatory filing today that it probably won’t meet the requirements of loans arranged by Citigroup Inc., Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. unless it cuts spending on developments, boosts earnings at its Las Vegas Strip casinos and raises more capital. (more…)
Tags: $119 rooms, investor warning, Las Vegas, Palazzo, room deals, Sands, Sands Corp, stock price, The Strip, Ultimate escape package, Vegas, Venetian
Posted in General, Las Vegas, News, News & Notes |
In doing my research this past weekend for some upcoming articles, I came across tons of news items detailing the stock declines of the major players in the gaming industry. And it’s not just the casino owners/operators who are seeing double-digit stock drops but also the game and technology manufacturers. Thought it would be interesting to see some of the numbers — all in one spot — so here’s a chart showing just that: (All prices are as of market close November 14, 2008.) (more…)
