Casino Stocks Trading Lower (LVS, MGM, MPEL, WYNN)
Las Vegas Sands Corp. (NYSE:LVS) slid 0.49% to $38.43 after Strip gambling for the month of August at soared 21% to $544.4 million from $449.6 million in the same month a year earlier.
Over the
MGM Resorts International. (NYSE:MGM) fell 0.07% to $13.47. MGM Resorts International, formerly MGM MIRAGE, is a holding company engaged in gaming, hospitality and entertainment. The Company owns and operates casino resorts, which includes offering gaming, hotel, dining, entertainment, retail and other resort amenities.
The stock opened at $13.27 and traded within the range of $13.17-$13.65. In the past one month of trading sessions, the stock went up more than 30%.
Melco Crown Entertainment Ltd (NASDAQ:MPEL) dropped 1.42% to $5.54. Melco Crown Entertainment Limited is a developer, owner and, through its subsidiary Melco Crown Gaming, operator of casino gaming and entertainment resort facilities focused on the Macau market.
At current market price, the market capitalization of the company stood at $2.95 billion.
Wynn Resorts, Limited (NASDAQ:WYNN) dropped 1.28% to $100.47. Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts. The Company operates in two segments: Wynn Las Vegas, (which includes Encore at Wynn Las Vegas) and Wynn Macau.
Over the past 52-week, the stock had traded within the range of $51.73-$102.75.
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