Casino Stock Winners and Losers: Las Vegas Sands
Las Vegas Sands
(LVS) - Get Las Vegas Sands Corp. Report
has been granted approval from the state of Pennsylvania to open the doors of its Sands Casino Resort Bethlehem on Friday.
Sands Bethlehem is located on the former site of the Bethlehem Steel plant, an hour from Philadelphia and an hour and a half from New York. The new casino will debut with 3,000 slot machines and feature Emeril Lagasse's first restaurant in the Northeast.
Shares of Las Vegas Sands were trading down 5.3% to $9.27 shortly before 2:30 p.m. EDT.
MGM Mirage
(MGM) - Get MGM Resorts International Report
was down 4.9% to $7.77.
Wynn Entertainment
(WYNN) - Get Wynn Resorts, Limited Report
was down 5.5% to $37.01.
Boyd Gaming
(BYD) - Get Boyd Gaming Corporation Report
was down 5.9% to $9.90.
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Penn National Gaming
(PENN) - Get Penn National Gaming, Inc. Report
was down 6.9% to $29.32.
Ameristar Casinos
(ASCA)
, which announced it would $150 million senior notes to an existing notes offering, was down 5.9% to $18.94.
Isle of Capri Casinos
(ISLE)
was down 8.6% to $12.44.
Melco Crown Entertainment
(MPEL)
was down 7.7% to $5.40.
Pinnacle Entertainment
(PNK) - Get Pinnacle Entertainment Inc Report
was down 1.5% to $11.11.
