Most Volatile Casino Stocks - LVS, WYNN, MPEL, MGM

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Las Vegas Sands Corp. (Public, NYSE:LVS) was the most volatile stock among the casino stocks and declined 5.30% to $14.29 on over 49.34 million shares. The stock moved within intraday range of $13.75-$15.06. On October 29, 2009, LVS reported Q3 EPS of $0.03, 4 cents better than the analyst estimate of ($0.01). Revenue for the quarter was $1.14 billion, which compares to the estimate of $1.17 billion.

Wynn Resorts, Limited (Public, NASDAQ:WYNN) was among the top active stocks and fell 1% after falling as much as 5.60% early in the session. Last week, the stock was hammered down by over 13%. Also last week it Wynn Resorts Ltd. Reported that its third-quarter profit slid 33% due to higher interest costs and a lower income-tax provision benefit, which more than offset higher revenue and operating margins. Shares fell even as the results beat expectations.

MGM MIRAGE (Public, NYSE:MGM) plunged 2.59% to $9.03 on over 42.56 million shares after rising over 2% earlier in the session. In the last week, the stock plunged over 18%. 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.

Melco Crown Entertainment Ltd (Public, NASDAQ:MPEL) was an exception and it was the only stock which has closed in green. The stock closed up 4.64% at $5.19 after rising as much 8.50% earlier in the session. Last week the stock fell over 10%. Melco Crown Entertainment Limited (MPEL), formerly Melco PBL Entertainment (Macau) 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.