Seeking Alpha

Solid Q2 revenue from MGM Resorts in Macau and a narrower-than-expected overall loss helps lift...

Solid Q2 revenue from MGM Resorts in Macau and a narrower-than-expected overall loss helps lift sector peers. Despite industrywide casino revenue that is falling in Las Vegas, Macau continues to dominate trading sentiment. Gainers: LVS +1.3%, MPEL +5.1%, WYNN +2.6%, BYD +2.4%.
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Comments (1)
  • Ralph Petrillo
    , contributor
    Comments (337) | Send Message
     
    LVS gets huge revenue from Macau. Wynn also. They are extremely busy. LVs to 52. Currently at 40. Wynn to $ 130, is extremely oversold.
    7 Aug 2012, 09:58 AM Reply Like
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