Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Research Reports on Resorts & Casinos Equities -- MGM Resorts, Melco Resorts & Entertainment, Las Vegas Sands, and Hilton Grand Vacations

MGM, MLCO, LVS, HGV

PR Newswire

NEW YORK, May 30, 2017 /PRNewswire/ --

Companies in the Hotel/Gaming industry may be divided into two categories: those that operate strictly in the hospitality market, and those that run resorts and/or gaming businesses. Pre-market today, Stock-Callers.com tracks the most recent performances of four Resorts and Casinos stocks, namely: MGM Resorts International (NYSE: MGM), Melco Resorts & Entertainment Ltd (NASDAQ: MLCO), Las Vegas Sands Corp. (NYSE: LVS), and Hilton Grand Vacations Inc. (NYSE: HGV). Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

MGM Resorts  

Shares in Las Vegas, Nevada-based MGM Resorts International ended Friday's session 0.70% higher at $31.82 with a total trading volume of 3.61 million shares. The stock has advanced 2.61% in the last month, 20.21% over the previous three months, and 10.37% on an YTD basis. The Company's shares are trading 9.55% above their 50-day moving average and 15.40% above their 200-day moving average. Moreover, shares of MGM Resorts International, which through its wholly owned subsidiaries, owns and/or operates casino resorts in the US and China, have a Relative Strength Index (RSI) of 63.65.

On May 23 rd, 2017, Borgata Hotel Casino & Spa, part of MGM Resorts International, announced that it will be launching the Company's award-winning M life Rewards loyalty program, presenting members with personalized offers, exclusive benefits, and special access across MGM Resorts' unrivaled portfolio. Beginning Wednesday, June 07th, 2017, M life Rewards will supplant My Borgata Rewards loyalty program, allowing guests to play and earn at their favorite MGM Resorts destinations. Free research report on MGM is available at:

http://stock-callers.com/registration/?symbol=MGM


Melco Resorts & Entertainment  

Central, Hong Kong-based Melco Resorts & Entertainment Ltd's shares saw a slight drop of 0.23%, closing the day at $21.95. A total volume of 3.12 million shares was traded. The stock has surged 36.08% in the previous three months and 49.15% on an YTD basis. The Company's shares are trading 7.21% above their 50-day moving average and 30.72% above their 200-day moving average. Additionally, shares of the Company, which through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia, have an RSI of 56.33.

On May 15 th, 2017, Melco Resorts Finance Limited, a wholly owned subsidiary of Melco Resorts & Entertainment, announced that it proposes to conduct an international offering of senior notes (the "New Notes") due 2025 - the net proceeds from which will be used to fund the redemption of all of its outstanding 5.00% Senior Notes due 2021. The New Notes are proposed to be senior obligations of the Company, ranking equally with all of its existing and future senior indebtedness. The complimentary research report on MLCO can be downloaded at:


http://stock-callers.com/registration/?symbol=MLCO


Las Vegas Sands  

Last Friday, shares in Nevada-based Las Vegas Sands Corp. gained 0.12%, closing the session at $58.02. The stock recorded a trading volume of 1.74 million shares. The Company's shares have advanced 9.66% over the previous three months and 8.63% on an YTD basis. The stock is trading 1.18% above its 50-day moving average and 3.18% above its 200-day moving average. Furthermore, shares of Las Vegas Sands, which together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the US, have an RSI of 51.78.

On May 04 th, 2017, Sands China Ltd., a subsidiary of Las Vegas Sands, announced its partnership with the World Wide Fund for Nature (WWF), the world's leading conservation organization. The Company announced the launch of WWF's Earth Hour 'Just One' Hotels Programme, joining forces to reduce environmental impact, and giving hotel guests the opportunity to contribute to tackling climate change. Visit us today and access our complete research report on LVS at:

http://stock-callers.com/registration/?symbol=LVS


Hilton Grand Vacations  

Orlando, Florida headquartered Hilton Grand Vacations Inc.'s stock finished the session 1.35% lower at $35.83 with a total trading volume of 241,359 shares. The Company's shares have advanced 6.48% in the last month, 19.04% over the previous three months, and 37.81% on YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.61% and 19.78%, respectively. Additionally, shares of Hilton Grand Vacations, which markets and sells vacation ownership intervals, manages resorts in leisure and urban destinations, and operates a points-based vacation club in the US, have an RSI of 62.08.

On May 03 rd, 2017, Hilton Grand Vacations reported its Q1 2017 results. Net income for the quarter was $50 million, EPS was $0.51, and adjusted EBITDA was $94 million. Contract sales for Q1 2017 increased 9.5% from the same period in 2016. Additionally, net owner growth for the 12 months ended March 31 st, 2017 was 7.2%. Get free access to your research report on HGV at:

http://stock-callers.com/registration/?symbol=HGV

--

Stock Callers:  

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES :

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you ' re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today