Sharemaestro Newsreel

Red Rock Resorts (RRR) Stock Could Be A Bargain On Cash Flow

Sei Investments Co. Sells 319,735 Shares of Melco Resorts & Entertainment Limited $MLCO

Sei Investments Co. has reduced its stake in Melco Resorts & Entertainment Limited (NASDAQ:MLCO) by 18.6%, selling 319,735 shares but still retaining 1.4 million shares valued at approximately $7.95 million. Despite mixed analyst ratings, with an overall "Hold" consensus and an average price target …

Cloudflare CEO Slams Vail Resorts' New Board Pick as Park City Standoff Drags On

Cloudflare CEO Matthew Prince has publicly criticized Vail Resorts' decision to appoint MGM Resorts International CEO Bill Hornbuckle to its board. Prince, a Park City billionaire, has been campaigning for over a year to purchase Park City Mountain Resort, accusing Vail of underinvesting in …

Wynn Resorts (NASDAQ:WYNN) Announces Quarterly Earnings Results, Beats Estimates By $0.25 EPS

Wynn Resorts (NASDAQ:WYNN) announced quarterly earnings results, reporting an adjusted EPS of $1.24, which significantly beat the consensus estimate of $0.99 by $0.25. The company's revenue increased 6.9% year-over-year to $1.86 billion, and net income more than doubled to $140.1 million, driven by strong …

Earnings call transcript: Wynn Resorts tops Q2 2026 estimates, shares rise

Las Vegas-based casino operator sets opening date for massive UAE resort project

Wynn Resorts Ltd. announced that its $5.8 billion integrated resort, Wynn Al Marjan Island, in the United Arab Emirates is set to open in September 2027. The project's budget increased by $600 million due to regional conflict, supply-chain issues, and a longer construction timeline, …

Sam’s Town Hotel & Casino, Shreveport sold to Bally’s Corporation

Bally’s Corporation has announced its acquisition of Sam’s Town Hotel & Casino in Shreveport from Boyd Gaming Corporation. This transaction marks a significant change in ownership for the Shreveport casino. The article also includes several other local news updates from the Shreveport area.

Monarch Casino Black Hawk Hit with Class Action Over Dealer Pay and Tip Credit

A former dealer has filed a class action lawsuit against Monarch Casino Resort Spa Black Hawk, alleging the casino systematically underpaid tipped employees. The lawsuit claims violations of federal and Colorado labor laws, including improper use of tip credit, unlawful tip pooling, mandatory unpaid …

Wynn sets September 2027 opening date for UAE integrated resort project, raises construction cost by US$600 million

Wynn Resorts Ltd has announced a September 2027 opening date for its Wynn Al Marjan Island integrated resort in the UAE, attributing a "modest delay" to the Middle East conflict. The project's construction cost has increased by US$600 million to approximately US$5.7 billion due …

High win rates at Wynn Palace drive Wynn Macau Ltd to 13.7% year-on-year increase in 2Q26 operating revenues to US$1 billion

Wynn Macau Ltd reported a 13.7% year-on-year increase in 2Q26 operating revenues, reaching US$1 billion, primarily driven by high win rates at its Cotai flagship, Wynn Palace. While VIP turnover decreased, a strong win rate of 2.97% significantly contributed to casino revenues. The company's …

12 Consumer Discretionary Stocks Moving In Tuesday's After-Market Session

This article lists 12 consumer discretionary stocks that experienced significant movement in Tuesday's after-market trading session. It highlights both gainers like Wynn Resorts and Booking Holdings, and losers such as Lucid Group and Bed Bath & Beyond, with several movements attributed to Q2 earnings …

Wynn Resorts beats quarterly estimates on Macau strength, announces UAE casino opening date

Wynn Resorts exceeded Wall Street's expectations for its second-quarter profit and revenue, primarily driven by strong performance in its Macau properties. The company also announced that its Wynn Al Marjan Island resort, which will feature the UAE's first casino, is slated to open in …

Stocks making the biggest moves after the bell: SpaceX, AMD, Pinterest, Arista Networks, Wynn Resorts & more

Earnings Flash (RRR) Red Rock Resorts Posts Q2 EPS $0.67, vs. FactSet Est of $0.51

Red Rock Resorts (RRR) announced its Q2 earnings per share (EPS) of $0.67, surpassing the FactSet estimate of $0.51. The company's revenue for the quarter was $510.3 million, also exceeding FactSet's estimate of $500.1 million. Red Rock Resorts also declared a Class A Common …

Red Rock posts Q2 2026 revenue $510.3M, adjusted EBITDA $208.0M, net income $76.6M

Red Rock Resorts (RRR) reported its second-quarter 2026 financial results, with net revenues reaching $510.3 million and net income at $76.6 million, both down from the previous year. The company's adjusted EBITDA for the quarter was $208.0 million. As of June 30, 2026, Red …

Red Rock Resorts, Inc. Declares Class A Common Share Dividend for Second Quarter Ended June 30, 2026, Payable on September 30, 2026

Red Rock Resorts, Inc. has announced a cash dividend of $0.26 per Class A common share for the second quarter, ending June 30, 2026. This dividend is scheduled to be paid on September 30, 2026, to shareholders of record as of September 15, 2026. …

Marriott Vacations’ New Executive Will Lead AI, Data and Products

Marriott Vacations Worldwide Corporation (NYSE: VAC) has appointed Vladimir "Vlad" Anokhin as Chief Strategy & Transformation Officer. In this role, Anokhin will be responsible for leading transformation initiatives, data analytics, artificial intelligence capabilities, and product development. His appointment reflects MVW's commitment to strengthening business …

Wynn Resorts shares gain 5% on strong Q2 print as Macau drives growth

Wynn Resorts (NASDAQ:WYNN) reported strong Q2 results, with adjusted EPS and revenue exceeding analyst expectations. The company's shares rose 5.3% after hours, driven by robust performance in Macau, where Wynn Palace revenue increased by 21.1% year-over-year. CEO Craig Billings highlighted healthy demand dynamics across …

Wynn Resorts Q2 revenue rises to $1.86 billion

Wynn Al Marjan Island Expected to Open in September 2027

Wynn Resorts (NASDAQ: WYNN) reported strong Q2 2026 results with operating revenues of $1.86 billion and net income of $140.1 million. The company announced a $0.25 per-share dividend and confirmed that the Wynn Al Marjan Island integrated resort is expected to open in September …

Wynn Resorts faces earnings test as Vegas costs, Macau doubts rise

Wynn Resorts is set to release its second-quarter earnings, with analysts expecting a sequential decline in results due to pressure on Las Vegas margins and increasing caution regarding Macau operations. Despite an 18% year-to-date stock tumble, all 20 analysts maintain Buy ratings, highlighting a …

Caesars Entertainment Inc. stock rises Tuesday, still underperforms market

Caesars Entertainment Inc. (CZR) saw its stock rise by 1.31% on Tuesday, closing at $30.12. Despite this gain, the company's stock underperformed the broader market, as both the S&P 500 Index and the Dow Jones Industrial Average experienced larger increases. CZR also remained 2.46% …

Hotchkis & Wiley Mid-Cap Value Fund is Bullish on Marriott Vacations Worldwide (VAC)

Hotchkis & Wiley Mid-Cap Value Fund released its Q2 2026 investor letter, indicating a bullish stance on Marriott Vacations Worldwide (VAC). The fund views VAC as a quality company with a strong brand network and affluent customer base, insulating it from travel cyclicality. Despite …

Dave & Buster's CEO departs

Dave & Buster's CEO Tarun Lal has retired after just over a year in the role, citing a desire to spend more time with family in India. He will be replaced by the company's current CFO, Darin Harper, who has been with the company …

Sands China as World's First Integrated Tourism and Leisure Enterprise to Achieve ISO 14001:2026 Certification for Environmental Management – Company Announcement - FT.com

Sands China has become the world's first integrated tourism and leisure enterprise to achieve the ISO 14001:2026 Environmental Management System (EMS) certification, and also the first in the global hospitality industry and the Macao and Hong Kong region. This certification, covering all its resort …

PREVUE MEETINGS + INCENTIVES AND CAESARS ENTERTAINMENT LAUNCH MEETING PLANNER APPRECIATION MONTH

Prevue Meetings + Incentives and Caesars Entertainment have launched the inaugural Meeting Planner Appreciation Month, an annual industry-wide initiative to recognize the contributions of meeting and incentive professionals. Starting this September, the month-long celebration will include a digital Yearbook, thank-you videos, educational resources, giveaways, …

Deutsche Bank Adjusts Hilton Grand Vacations Price Target to $62 From $65, Maintains Buy Rating

Deutsche Bank has adjusted its price target for Hilton Grand Vacations Inc. (HGV) to $62 from $65, while reiterating a "Buy" rating on the stock. This update reflects a slight modification in the bank's valuation outlook for the global timeshare company, which develops, markets, …

42,763 Shares in Red Rock Resorts, Inc. $RRR Bought by SWP Investment Management LLC

SWP Investment Management LLC has acquired 42,763 shares of Red Rock Resorts, Inc. (NASDAQ:RRR) in the second quarter, valuing the stake at approximately $2.78 million and making it 1.9% of their portfolio. Several other institutional investors also adjusted their positions in RRR, with hedge …

MGM Resorts International $MGM Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP significantly increased its stake in MGM Resorts International (NYSE:MGM) by 76% in the first quarter, now holding 353,320 shares valued at $13.1 million. Other institutional investors like AQR Capital and Arrowstreet Capital also boosted their positions, contributing to institutional ownership …

Caesars Entertainment, Inc. $CZR Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its stake in Caesars Entertainment (NASDAQ:CZR) by 4.2% in the first quarter, selling 68,741 shares but still holding 1.58 million shares worth $41.8 million. Other institutional investors also adjusted their holdings, with 91.79% of the stock owned by institutions …

Sam’s Town Shreveport casino acquisition completes

Bally's has completed its acquisition of Sam's Town Hotel and Casino in Shreveport, Louisiana, from Boyd Gaming, a move that expands Bally's regional gaming and entertainment portfolio. The acquired venue will soon be rebranded under the Bally's name. Entrepreneur Curtis "50 Cent" Jackson expressed …

Amundi Increases Holdings in MGM Resorts International $MGM

Amundi increased its stake in MGM Resorts International by 7.9% in the first quarter, acquiring an additional 52,728 shares to own a total of 721,462 shares valued at $26.7 million. Several other institutional investors also adjusted their positions in MGM. The article also provides …

Compared to Estimates, Red Rock Resorts (RRR) Q2 Earnings: A Look at Key Metrics

Red Rock Resorts (RRR) Q2 Earnings and Revenues Surpass Estimates

Red Rock Resorts earnings beat by $0.17, revenue topped estimates

Churchill Downs Sells Nine Casinos To Refocus On Racing

Churchill Downs Inc. is divesting nine casino properties across seven states to sharpen its focus on horse racing and online wagering. This strategic shift, advised by Macquarie Capital, aims to reduce debt, fund reinvestment in its flagship racetrack, and enable share repurchases. The move …