Casino Stocks Opens Up (LVS, WYNN, MGM)
Casino Stocks
Dallas, TX 11/16/2009 04:35 PM GMT (TransWorldNews)
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Las Vegas Sands Corp. (NYSE:LVS) soared 1.71% to $17.68on 3.57 million shares. In the last 5 trading sessions the stock is up over 15%. Las Vegas Sands Corp (LVSC) owns and operates The Venetian Resort Hotel Casino (The Venetian Las Vegas), The Palazzo Resort Hotel Casino (The Palazzo) and The Sands Expo and Convention Center (the Sands Expo Center) in Las Vegas, Nevada, and the Sands Macao, The Venetian Macao Resort Hotel (The Venetian Macao) and the Four Seasons Hotel Macao, Cotai Strip (the Four Seasons Macao) in Macao, People’s Republic of China (China).
Wynn Resorts, Limited (NASDAQ:WYNN) rose 1% to $69.61 on about 1.01 million shares. In the last 5 trading sessions the stock is up over 15%. Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts. It owns and operates three destination casino resorts: Wynn Las Vegas, on the Strip in Las Vegas, Nevada, Encore at Wynn Las Vegas located adjacent to Wynn Las Vegas, and Wynn Macau, located in the Macau Special Administrative Region of the People’s Republic of China (Macau).
MGM MIRAGE (NYSE:MGM) is up 2.60% at $11.03 on 3.50 million shares. MGM MIRAGE is engaged in gaming and resort operations. The Company owns and operates casino resorts, which includes offering gaming, hotel, dining, entertainment, retail and other resort amenities. As of December 31, 2008, the Company’s operations consisted of 17 wholly owned casino resorts and 50% investments in four other casino resorts.
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