Operations
Primary
Jul 16
Wynn Resorts posted $1.86 billion in Q1 revenue, up nearly 10% year-over-year, and Wall Street responded by hammering the stock to a 52-week low. When your top line grows and your bottom line can't keep pace, the problem isn't the market... it's what you're spending to stay in it.
Transactions
Primary
Apr 29
Arizona's state pension trimmed its Las Vegas Sands position by 19% last quarter, and the filing landed like it was news. It wasn't. But what's happening underneath LVS right now actually is worth decomposing.
Monarch Casino's CEO sold 3,000 shares worth $295,430 while sitting on 6.67 million in option grants and 3 million in direct and indirect shares. The sale is noise, but the Q4 earnings miss underneath it is worth a closer look.
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