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%.
Comments (1)
  • Ralph Petrillo
    , contributor
    Comments (324) | 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
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|