Last week was a big one for the gambling industry, as major casino operators Las Vegas Sands Corp. LVS and Wynn Resorts Ltd. WYNN kick-started fourth-quarter 2016 earnings.
Wynn Resorts results were mixed as its earnings lagged the Zacks Consensus Estimate while revenues beat the consensus mark. On the other hand, Las Vegas Sands lagged on both fronts.
Apart from this, Eldorado Resorts, Inc.’s ERI pending acquisition of Isle of Capri Casinos, Inc. ISLE got the approval from shareholders of both companies.
Gaming Industry 5YR % Return
Recap of the Week’s Most Important Stories
1. Las Vegas Sands’ fourth-quarter earni…
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