Dallas, TX 10/16/2009 12:03:44 AM
News / Business

Top Casino Stocks Losers - LVS, MPEL, MGM - Losing stocks

Top Losing stocks

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Las Vegas Sands Corp.
(NYSE:LVS) is the active loser of today`s trade as it plunges 6.47% to $16.78 on unusual volume of 34.17 million shares. The stock has a 52-week range of $1.38 to $20.73. So far the stock prices declined over 225% in last six months of trade. Las Vegas Sands Corp owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino and The Sands Expo and Convention Center in Las Vegas, Nevada, and the Sands Macao, The Venetian Macao Resort Hotel and the Four Seasons Hotel Macao, Cotai Strip in Macao, People’s Republic of China.

Melco Crown Entertainment Ltd (NASDAQ:
MPEL) corrected 7.37% or $0.48 to $6.03 on over 13.17 million shares. The stock has a 52-week range of $2.27 to $8.45. So far the stock prices declined over 41% in last six months of trade. Melco Crown Entertainment Limited, formerly Melco PBL 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.

MGM MIRAGE (NYSE:
MGM) plunges 3.89% to $11.62 on a volume of 10.44 million shares. The stock has a 52-week range of $1.81 to $18.06. So far the stock prices jumped over 81% in last six months of trade. MGM MIRAGE is engaged in gaming and resort operations. The Company owns and operates casino resorts, which includes offering gaming, hotel, dining, entertainment, retail and other resort amenities.

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