Casino Gaming Stock : The Most Volatile Industry

Casinos & Gaming Stock Are Volatile

Visitors to won't find more daily updated news about publicly traded casino gaming companies anywhere else on the web.

Major companies in the industry go through major stock price adjustments on a regular basis. New laws are passed in different states, or countries which can set stock prices reeling. New casinos or companies open their doors increasing competition. Major investors buy in and bail out throughout the year. For these reasons, and many more, the casino gaming sector is the most volatile in the market.

With all this in mind we have created a news site specifically for traders who follow this particular industry closely. News about casino gaming companies can be found all over the web, but there has never been one place for traders to get all of there casino gaming news, until now. Our writers' aim is to keep our visitors up to date with the latest news about each company in the industry. We also allow commenting so traders can discuss the effects of each news item.

Please visit a trusted source if you are looking for online casino news. Or visit a trusted online casino reviews site if that is what you are looking for. We specialize only in news about publicly traded casino gaming companies.

Latest Casino Gaming Stock News

Las Vegas Sands (LVS) Rewarding Tweets

Las Vegas Sands Corp. has created a new loyalty rewards program that will utilize activity on Twitter to promote two popular Las Vegas gaming properties.

Bally Technologies (BYI) Poised For Aqueduct Contract

Bally Technologies will likely earn an additional $15 million a year through slot machines installed at the Aqueduct Racino.

Detroit Still Earning For MGM Resorts International (MGM)

The Michigan Gaming Control Board has released August revenue figures showing MGM Resorts International is once again the highest revenue earner in Detroit, however has fallen since July.

CFO Resigns From Trump Entertainment Resorts (TRMP)

As Trump Entertainment Resorts continues to reduce executive staff to lower overhead expenses and return profitability to the recently restructured company, another senior officer has resigned.

Las Vegas Sands (LVS) Suspends Bus Services

Less than one day before Las Vegas Sands and rival Singapore operator Resorts World Sentosa were ordered to cease buss shuttle services from downtown and heartland areas, Marina Bay Sands voluntarily suspended its services to locals.

Pinnacle Entertainment (PNK) Keeps St. Louis Gaming Revenue Afloat

Pinnacle Entertainment’s River City Casino prevented St. Louis from losing 15% of its gaming revenue during the month of August.

Siena Casino Blames International Game Technology (IGT)

With the Siena Hotel Spa and Casino filing for bankruptcy protection on nearly $100 million in debt this summer and regulators looking to strip the boutique property of their gambling license, owner Barney Ng continues to blame International Game Technology.

Isle Of Capri (ISLE) Outperforms Kansas City Casinos

According to reports released from the Missouri Gaming Commission on Friday, the only Kansas City area casino to post an increase in profits last month was Isle of Capri Casinos.

MGM Resorts International (MGM) Will Keep Lions

MGM Resorts International released a statement on Wednesday defending the 13 year old tradition of displaying live lions at the MGM Grand after guest posted video footage of last week’s attack on YouTube.

Trump Entertainment Resorts (TRMP) List AC Property

Trump Entertainment Resorts has put the Trump Marina Hotel and Casino on the market, sparking heated words from a business group pursuing the resort since 2008.

Penn National Gaming (PENN) Invokes Free Speech

Penn National Gaming has responded to the Maryland Lottery Commission over the recent complaint that they have violated state rules governing casino operations.

Wynn Resorts (WYNN) Launches Headstart Career Program

As the Macau government begins to enforce restrictions on casino developers to steady the fast paced growth of the city state and turn the region’s focus toward the hospitality and entertainment industry, Wynn Resorts has announced an intern program designed to help students learn their chosen field.

Soleil Securities Raises Rating On MGM Resorts International (MGM)

Soleil Securities lifted its rating and price target on MGM Resorts International which sent shares of the global casino developer up during the afternoon hours yesterday.

Las Vegas Sands (LVS) Soars To New High

Shares of Las Vegas Sands reached a new 52 week high during yesterday’s trading session, despite a downgrade by Soleil Securities.

Bally Technologies (BYI) Chosen By Penn

Casino operator Penn National Gaming has contracted game developer Bally Technologies to outfit four U.S. casinos with the ACSC slot management system.

Las Vegas Sands (LVS) Defends Position On Land

While labor shortages continue to affect Las Vegas Sands Corp’s Macau subsidiary Sands China from reviving a stalled $4 billion expansion project on the Cotai Strip, a rival casino operator looks to take over their land.

Wynn Resorts (WYNN) Stays Up Despite Downgrade

The struggle facing Wynn Resorts to secure a Cotai Strip expansion project and the underperformance of the newly opened Wynn Encore in Macau as gaming revenue in the region continues to soar were among the reasons cited by Citi Bank on Friday for rating the casino operator as a “Sell”.

Isle Of Capri Casinos (ISLE) Continue To Gain Support

Following the City Councils lead, the “Old Town Cape” downtown development organization announced on Friday that they would also back Isle of Capri Casinos in their attempt to win a Missouri gaming license in Cape Girardeau.

Six Execs Leave Trump Entertainment Resorts (TRMP)

Trump Entertainment Resorts has bought six executives out of their employment contracts under a “change of control” clause in the agreements.

Ameristar Casinos (ASCA) Donates To Saint Alphonsus

Even in a struggling economy Ameristar Casinos’ employees continue to help those with spinal cord injuries in the name of founder and late Chairman Craig H. Neilson by donating over $61 thousand to Saint Alphonsus Rehabilitation Services.