Today’s Trade Alerts include: Wynn Resorts Limited (Nasdaq: WYNN), Las Vegas Sands Corp. (NYSE: LVS), MGM Mirage (NYSE: MGM), International Game Technology (NYSE: IGT), Bally Technologies Inc. (NYSE: BYI), and The9 Limited (Nasdaq: NCTY).
“Wynn Resorts Limited (WYNN) shares climbed 3.15%, or $3.24, to $105.97 Thursday morning. Wynn Resorts, together with its subsidiaries, engages in the development, ownership and operation of destination casino resorts...
“The company recently reported net revenues of $825.1 million for the three months ended June 30, 2008, comprised of $623.6 million in casino revenues (75.6% of total net revenues) and $201.5 million of net non-casino revenues (24.4% of total net revenues)…
“For the three months ended June 30, 2007, net revenues of $687.5 million were comprised of $491.8 million in casino revenues (71.5% of total net revenues) and $195.7 million of net non-casino revenues (28.5% of total net revenues)...”
“Las Vegas Sands Corp. (LVS) shares climbed 3.06%, or $1.57, to $52.94 in Thursday’s early trading. Las Vegas Sands and its subsidiaries develop multi use integrated resorts worldwide…
“The company recently reported consolidated net revenues for the three months ended June 30, 2008, were $1.11 billion, an increase of $499.2 million compared to $612.9 million for the three months ended June 30, 2007. The increase in net revenues was due primarily to an increase in casino revenues of $345.4 million…
“Casino revenues for the three months ended June 30, 2008, increased $345.4 million as compared to the three months ended June 30, 2007. Of the increase, $415.6 million was attributable to The Venetian Macao and $41.1 million to its Las Vegas Operating Properties…”
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