gaming

Up nearly 14 percent year-to-date, the VanEck Vectors Gaming ETF (NYSE: BJK) is at a torrid pace. Macau, the world's largest gambling hub and the only Chinese territory where gambling is legal, is often a driver of BJK's price action and that could prove to be good news for investors as...

International Game Technology Ordinary Shares (NYSE: IGT) may no longer be worth the gamble for investors. Argus analyst John Staszak has downgraded the stock to Hold due to a number of near-term headwinds the firm has identified in the gaming equipment market. The company’s recent 2017...

The two-year revenue decline in Macau is looking more and more like a bygone era. The latest data from the Macao Gaming and Coordination Bureau reveals that Macau brought in 22.9 billion patacas in February, up 17.8 percent year over year. Prior to last August's 1.1 percent gain, Macau had...

NVIDIA Corporation (NASDAQ: NVDA) reported fourth quarter results which sparked one of the most hotly contested debates so far in 2017: Has the stock, which gained more than 300 percent over the past year, peaked? Cramer: A 'Frighteningly Positive Story' Jim Cramer argued investors should...

The long-term growth story in Macau remains intact, but share prices of casino operators may already fully reflect 2017 earnings. According to Bernstein analyst Vitali Umansky, the huge run Macau stocks have been on in the past year now has the stocks trading in-line with medium-term growth...

Stifel maintains its Buy rating on Las Vegas Sands Corp. (NYSE: LVS), saying the positive Macau trends should drive upside in shares. Additionally, the firm said the recent pullback in shares creates a buying opportunity. Macau operators should generate higher gross gaming revenues in 2017, and the...

The year-end gaming revenue numbers from the Macau, China, and Las Vegas markets indicate that the gaming industry finished the year strong in the two largest and most critical markets in the world for investors. However, now that 2017 is officially here, gaming investors are wondering whether that...

Now that 2016 has come to a close, the last batch of gaming revenue numbers from Macau shows the industry finished the year on a high note. After 26 consecutive months of year-over-year revenue declines, Macau closed out 2016 with five straight months of gains, including an 8.0 percent bump in...

Macau delivered its final gaming revenue data point of 2016 over the weekend, closing out the year with its fifth consecutive month of year-over-year revenue gains. The latest data from the Macao Gaming and Coordination Bureau reveals that Macau brought in 19.8 billion patacas in December, up 8.0...

Although Macau gaming faces near-term risks, which limit short-term visibility, the long-term potential seems “most enduring” compared to any gaming market, Aegis Capital’s David Bain said in a report. He initiated coverage on four U.S.-based companies with exposure to Macau. Bain...

Las Vegas Sands Corp. (NYSE: LVS) has expressed its eagerness to enter into Japan, which passed a law to legalize casinos to boost economy and tourism. Potential To Do Great Things To its credit, the Las Vegas, Nevada-based gaming operator has a successful track record in Asia and also has the...

After the Japanese parliament gave final passage to a law allowing for the large-scale gambling operations, casino stocks reacted immediately: Las Vegas Sands Corp. (NYSE: LVS) spiked $0.50 on the news after trading down most of the day. MGM Resorts International (NYSE: MGM) jumped by $0.25 to $29....

Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL) shares are trading higher by $0.58 at $17.45 in Friday's session. The issue swooned late in the day on Thursday when it was reported that withdrawal limits in Macau may be reduced by the government. As a result, the issue fell from its close on...

The Chinese government took casino investors on a wild ride Thursday when the imposition of new ATM transaction limits in Macau caught the market by surprise. The Drop Shares of Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE:...

In a coups of sorts, International Game Technology PLC (NYSE: IGT) has managed to clinch the property licensing rights to Shark Tank." In a press release, the company said its subsidiary IGT Global Solutions has secured from Sony Corp (ADR) (NYSE: SNE) Sony Pictures Television Inc. the rights to...