Casino Winners & Losers: Pinnacle, Sands

Casino stocks are mixed ahead of upcoming first-quarter earnings.
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NEW YORK (

TheStreet

) -- Even after a strong earnings report from a regional casino, large-cap casino operators are in the red.

Las Vegas Sands

(LVS) - Get Report

is falling 3.7% to $25.21 in morning trading, as it opens the first part of its casino in Singapore.

Las Vegas Sands said it expects to make back its $5.5 billion investment in Marina Bay Sands in five years. Sands believes the casino will generate $1 billion in profit annually.

This is only the second casino in Singapore; the first was opened earlier this year by

Genting Singapore

.

MGM Mirage

(MGM) - Get Report

is also falling 3.3% to $16.11, while

Wynn Resorts

(WYNN) - Get Report

is declining 2% to $90.35.

Earlier today

Pinnacle Entertainment

(PNK) - Get Report

reported a

surprise profit in its first quarter

, receiving a boost from its Lumiere Palace location.

The news sent shares climbing 5.4% to $13.48 in morning trading. Pinnacle is leading up shares of other regional gamers, including

Boyd Gaming

(BYD) - Get Report

, which is rising 1.2% to $12.44, and

Ameristar Casinos

(ASCA)

, which jumping 2.7% to $19.

-- Reported by Jeanine Poggi in New York.

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