Casino Stocks Falls in Morning Session (LVS, MGM, WYNN, MPEL)

Las Vegas Sands Corp. (NYSE:LVS) decreases 3.08% to $16.35 on 5.28 million shares after the company announced that its Board of Directors has declared a quarterly dividend payment of $2.50 per share on its 10% Series A Cumulative Perpetual Preferred Stock to stockholders of record at the close of business on February 5, 2010. The dividend payment will be made on February 16, 2010, the first business day following the February 15, 2010 dividend payment date specified in the Certificate of Designations for the preferred stock.

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

MGM MIRAGE (NYSE:MGM) drops 3.25% to $11.01 on 5.28 million shares. The stock hit an intraday high and an intraday low of $11.17 and $10.92 respectively. In the last six months the stock went up over 33%. 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.

Wynn Resorts, Limited (NASDAQ:WYNN) declines 3.48% to $62.70. The stock hit an intraday high and an intraday low of $63.88 and $62.24 respectively. In the last six months the stock went up over 5%.

Melco Crown Entertainment Ltd (NASDAQ:MPEL) is down 4.94% to $3.66. The stock hit an intraday high and an intraday low of $3.78 and $3.60 respectively. In the last six months the stock went down over 30%.

About http://www.pennystockpickreport.com/

Penny Stock Pick Report offers a stock newsletter on OTC, PINKSHEETS ,OTCBB, and AMEX Stocks. Our subscribers receive daily up to date stock information on midcap, smallcap penny stocks and also stocks that are traded at NASDAQ and NYSE stock exchange. If you wish to feature your organization on our website then you can contact us at the email given below.