|Day Low/High||26.32 / 27.06|
|52 Wk Low/High||17.48 / 30.62|
MGM Resorts (MGM) dropped in trading following a dismal Q4 report.
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MGM reported adjusted earnings of 11 cents per share vs. Wall Street expectations of 17 cents per share.
MGM reported earnings of 11 cents per share versus expectations of 17 cents per share.
Contract represents largest single-corporation meeting event in Las Vegas; demonstrates continued strength in Las Vegas meetings and conventions market
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The recently opened $1.4 billion casino resort saw revenue of $48.4 million in its first full month of operation.
The event, which has drawn sell-out crowds for the past three years, offers women training in entrepreneurship, leadership development and career growth, while exposing them to networking opportunities and more
While Macau revenue gained 3.1% last month it was lower than the consensus growth of 8.5%.
Gaming and Leisure Properties shares were climbing following its earnings beat.
Investors should expect a bumpy road to recovery for 'Asia's Las Vegas.'
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MGM Resorts is the only company in Nevada and integrated resort industry to be recognized by Women's Business Enterprise National Council as one of America's Top Corporations
Wynn is expected to report lower earnings this year than it did in the year ago period, though revenue is expected to rise.
Las Vegas Sands reported fourth-quarter earnings of 62 cents per share, missing expectations by 4 cents.
$11M venue adds 18,000-square-feet of meeting and convention space to Borgata, bringing the resort's total event capacity to 106,000-square-feet
Wynn Resorts (WYNN) is in position to benefit the most from Macau's recovery.