Tony Owusu 10/16/14 – 02:45 PM EDT NEW YORK (TheStreet) — MGM Resorts International (MGM) shares are up 5.1% to $21.44 on Thursday following the - release of gaming industry peer Las Vegas Sands’ (LVS) third quarter earnings results.The gaming industry has-been under heavy scrutiny since revenue growth in the - lucrative Macau gaming region has saddened so far this year, but Las Vegas Sands stronger than expected quarter has alleviated some investor doubt. Must … Read the rest

Why MGM Resorts hasn’t paid dividends for over a decade

<!– google_ad_section_start –> Must-know: An investors guide to MGM Resorts International (Part 7 of 16)(Continued from Part 6)No dividend strategy A dividend is a portion of a company’s profits. The absence of dividends is usual for companies like Caesars Entertainment (CZR) & Boyd Gaming (or BYD). The companies have a large amount of interest-bearing debt to retire in the - long run. A lack of dividends is even usual for huge IT giants like Google … Read the rest

Chinese city’s casino business seven times that of Las Vegas (PHOTOS)

Photo Gallery View Gallery (21 images) Inline Inline HONG KONG (CNNMoney) — — Las Vegas has 1st class shopping, dining & nightlife. But for serious gamblers, Macau holds all the - aces. The city’s $45 billion casino industry is now roughly seven times bigger than Vegas, & eye-popping growth has attracted the - biggest players, in addition to Las Vegas Sands & Wynn Resorts. Gambling in the - former Portuguese outpost has-been fueled by a … Read the rest

<!– google_ad_section_start –> <!– –>LAS VEGAS [AP] -- Reports — — An Allegiant Airlines flight returned shortly after takeoff to McCarran International Airport in Las Vegas after a report of possible engine trouble.Allegiant spokesman Micah Lillard says flight 580 took off for Bellingham, Washington, about 9 a.m. PDT Thursday & landed safely less than 15 minutes later, after the - crew reported unusual vibrations in the - left engine.Lillard says the - twin-engine Boeing 757 … Read the rest

Isle of Capri Casinos, Inc. Launches Community Aces Challenge

<!– google_ad_section_start –>ST. LOUIS, Oct. 23, 2014 /PRNewswire/ — Isle of Capri Casinos, Incorporated today formally announced a social media contest to award winning nonprofits a share of $50,000. “At Isle of Capri Casinos we believe in being acceptable neighbors through charitable giving & volunteer work. Our Community Aces program, named in honor of our founder, Bernard Goldstein, now includes the - Community Aces Challenge,” asserted Virginia McDowell, Isle’s president & chief executive officer. “The … Read the rest

AP October 23, 2014 11:55 AM BOSTON [AP] -- Reports — — Wynn Resorts is redesigning its proposed $1.6 billion resort casino in Everett & has scheduled a public meeting to discuss its cleanup plan for the - heavily polluted former chemical plant site. The Las Vegas gambling giant asserted Thursday in that the - environmental cleanup meeting will take place Tuesday at Tufts University in Medford. Advertisement – Continue Reading Below The updates were … Read the rest

Week 8 of the - 2014 NFL season could see several of the - league’s top teams lose, as four teams with five wins are not favored in their games, according to the - betting odds at Las Vegas casinos. Nearly half of the - games have a point spread of three points or less, & no game on the - schedule features a spread in double-digits. The favorites were slightly better than the - … Read the rest

NEWARK, N.J. –  Claims in that New Jersey’s plan to allow legal sports gambling violates federal law are meritless, the - state wrote in a court filing in response to efforts by four major U.S. pro sports leagues & the - NCAA to stop gambling from beginning this weekend. The state filed the - response late Wed. to the - leagues’ request to a federal judicial judge this week for an injunction to prevent Monmouth … Read the rest

Claims in that New Jersey’s plan to allow legal sports gambling violates federal law are meritless, the - state wrote in a court filing in response to efforts by four major U.S. pro sports leagues & the - NCAA to stop gambling from beginning this weekend. The state filed the - response late Wed. to the - leagues’ request to a federal judicial judge this week for an injunction to prevent Monmouth Park racetrack from … Read the rest

Motions filed in federal court to allow sports betting at Monmouth Park on Sunday

October 23, 2014, 10:46 AM    Last updated: Thursday, October 23, 2014, 11:39 AM Kevin R. Wexler/STAFF PHOTOGRAPHER Monmouth Park, which shows simulcast horse races from elsewhere, hopes to begin allowing gambling on NFL games next weekend. The New Jersey Attorney General’s office, the - state’s  thoroughbred horsemen, & the - New Jersey Sports & Exposition Authority all filed motions in federal court late Wed. night opposing the - attempt by the - NFL & four … Read the rest

Las Vegas, NV (KTNV) — A Las Vegas Metropolitan Cops Department officer has-been put on unpaid administrative leave after being arrested (taken in to custody) for possession of child pornography.According to LVMPD, 37-year-old James Henry was arrested (taken in to custody) on Oct. 23 after he voluntarily surrendered to investigators at the - Clark-County NV Detention Center. Henry is being charged with 10 counts of possession of child pornography & 10 counts of distribution of … Read the rest