Casino Stock Rises
LOS ANGELES As reported by Reuters: “Shares of Las Vegas Sands Corp. (LVS) and Wynn Resorts Ltd. (WYNN) each rose more than 6 percent on Monday after China reported a 10.2 percent increase in visitors to its gambling enclave of Macau.
Related Gambling News:
- Ameristar rises as analyst optimistic on St. Charles hotel
- Crown Ltd., gambling spinoff of Australia’s PBL, rises in market debut
- Tabcorp First-Half Net Rises 13% on Casinos, Gaming
- Ameristar Casinos stock down on initiation
- Gambling software maker CryptoLogic Q2 profit soars, stock rises in early trading
- Ameristar Casinos Reports Stock Repurchase Program
- Is buying shares like gambling?
- Ameristar Casinos Announces Stock Repurchase Program
- PowerRatings Stock Spotlight: Ameristar Casinos
- NASDAQ looks to delist Isle of Capri Casino stock
- Cost rises eat into Rank profits
- Parlay Entertainment Announces Grants of Stock Options
Interesting gambling facts:
- 1993: Steve Wynn buys the Dune Hotel, then implodes it to make way for the Bellagio. The new MGM Grand is completed, once again becoming the world's largest hotel. On December 31, Barbra Streisand stars in the inaugural concert at the MGM Grand Garden Arena.
- The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.
- Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.
- The casino at Spa, a Belgian resort town noted for its mineral baths, was built by the Prince Bishop of the province of Liege in 1763.
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