2024.07.17
casino golden palace athusMGM and Wynn Resorts CEOs are on the defensive this week following the releases of their second quarter results revealing both casino operators missed earnings forecasts. The latter believes former monopoly Svenska Spel should have been privatized or split to ensure a level playing fiel(Image: Richard Brian/Jeff Scheid/Las Vegas Review-Journal/Casino.org)MGM boss Jim Murren told shareholders, “I don’t like calls like this,” while Wynn chief officer Matt Maddox said investors need to “put everything in perspective.”Analysts were predicting earnincoushatta casino check cashinggs per share (EPS) for MGM at 29 cents. roulette casino picPontus Lindwall’s company Bettson was among the exiled Swedish operators applying for a license, but the Kindred Group was conspicuous by its absence yesterday. Stocks plummeted on Wednesday after Caesars Entertainment warned its investors that demand was down in the months ahead in terms of Las Vegas bookings.Murren Blames BookingsThere’s a host of reasons being circulated as to what caused the companies to come in short of projections. (Image: Richard Brian/Jeff Scheid/Las Vegas Review-Journal/Casino.org)MGM boss Jim Murren told shareholders, “I don’t like calls like this,” while Wynn chief officer Matt Maddox said investors need to “put everything in perspective.”Analysts were predicting earnincoushatta casino check cashinggs per share (EPS) for MGM at 29 cents. online casino ultimate texas holdem is wild horse pab casino smoke freesanta ana casino bowling alleyThe brand-new Swedish online gaming licensing regime began accepting applicants on Wednesday, with 22 operators submitting paperwork to join the market on day one. (Image: Richard Brian/Jeff Scheid/Las Vegas Review-Journal/Casino.org)MGM boss Jim Murren told shareholders, “I don’t like calls like this,” while Wynn chief officer Matt Maddox said investors need to “put everything in perspective.”Analysts were predicting earnincoushatta casino check cashinggs per share (EPS) for MGM at 29 cents. “The stock reaction has to do with the fact that we’re eight months out of the bankruptcy,” the CEO declared.Looking ahead, Frissora expects the fourth quarter to be strong in terms of events and bookings. harrah s casino charlotte north carolinaMGM’s Jim Murren, left, and Wynn Resorts CEO Matt Maddox, two of the most powerful executives in Las Vegas, are trying to ease investors’ fears. MGM and Wynn Resorts CEOs are on the defensive this week following the releases of their second quarter results revealing both casino operators missed earnings forecasts. (Image: Richard Brian/Jeff Scheid/Las Vegas Review-Journal/Casino.org)MGM boss Jim Murren told shareholders, “I don’t like calls like this,” while Wynn chief officer Matt Maddox said investors need to “put everything in perspective.”Analysts were predicting earnincoushatta casino check cashinggs per share (EPS) for MGM at 29 cents. download cashman casino little river casino mapclearwater casino restaurantsStocks plummeted on Wednesday after Caesars Entertainment warned its investors that demand was down in the months ahead in terms of Las Vegas bookings.Murren Blames BookingsThere’s a host of reasons being circulated as to what caused the companies to come in short of projections. He says year-over-year its exhibitions business is growing significantly in Q4.Caesars executives additionally pointed to the expansion of sports betting as another revenue generator that will fuel earnings in the years ahead.The latter believes former monopoly Svenska Spel should have been privatized or split to ensure a level playing fielIncreased resort fees and the elimination of free parking up and down the Strip are a fan favorite among social media critics who say such changes are making Sin City less desirable.Murren says that’s not the case. Both stocks are losing value on the financial disclosures.It’s been a dismal week for the casino sector as a whole on Wall Street. “The stock reaction has to do with the fact that we’re eight months out of the bankruptcy,” the CEO declared.Looking ahead, Frissora expects the fourth quarter to be strong in terms of events and bookings. black bear casino dining seneca niagara casino irving ny |