Financial Results, Awards, and Leadership Changes - Research Report on Wynn Resorts, MGM Resorts, Boyd Gaming, Penn National Gaming, and Caesars Entertainment

NEW YORK, August 2, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM), Boyd Gaming Corporation (NYSE: BYD), Penn National Gaming, Inc. (NASDAQ: PENN), and Caesars Entertainment Corp. (NASDAQ: CZR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Wynn Resorts, Limited Research Report

On July 29, 2013, Wynn Resorts, Limited (Wynn Resorts) reported its financial results for Q2 2013. The Company's net revenues increased 6.3% YoY to $1.3 billion, driven by a 2.6% YoY revenue increase in its Macau operations to $930.9 million, and a 16.2% YoY revenue increase in its Las Vegas operations to $401.4 million. Net income attributable to Wynn Resorts was $129.8 million or $1.28 per diluted share, compared to net income of $138.1 million or $1.37 per diluted share in Q2 2012. Adjusted net income attributable to Wynn Resorts was $152.9 million or $1.51 per diluted share in Q2 2013, compared to $139.0 million or $1.38 per diluted share in Q2 2012. The Company also announced that it has approved a cash dividend for the quarter of $1.00 per common share, payable on August 26, 2013, to stockholders of record on August 12, 2013. The Full Research Report on Wynn Resorts, Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b560_WYNN]

MGM Resorts International Research Report

On July 26, 2013, MGM Resorts International (MGM) announced that Condé Nast Traveler, a world renowned travel magazine, has named MGM Resorts as a finalist for the 2013 World Savers Awards, an annual contest that recognizes travel and hospitality companies that demonstrate strong leadership and exceptional achievements in the area of corporate social responsibility. MGM Resorts reported that it is the only Company in the integrated resort industry to have been named a finalist. According to MGM, the other finalists included Taj Hotels, Wilderness Safaris, and Terra Incognita Ecotours. MGM said that the finalists were selected by an expert panel that judged submissions according to five areas: education, environmental and cultural preservation, health, poverty relief, and wildlife conservation. The Company expects winners to be announced by Condé Nast Traveler in its September 2013 issue. The Full Research Report on MGM Resorts International - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0752_MGM]

Boyd Gaming Corporation Research Report

On July 30, 2013, Boyd Gaming Corporation (Boyd Gaming) reported its financial results for Q2 2013. The Company's net revenues increased 20.3% YoY to $738.7 million. GAAP Net income attributable to Boyd Gaming was $11.6 million or $0.13 per diluted share in Q2 2013, compared to c.$1 million or $0.01 per diluted share in Q2 2012. Commenting on the results, Keith Smith, President and Chief Executive Officer of Boyd Gaming, said, "We are making significant progress toward our strategic goals of strengthening our balance sheet and positioning ourselves for continued growth. Operating efficiencies and effective marketing programs drove solid growth across our Las Vegas properties. And Borgata posted year-over-year gains as well, after factoring out the impact of a tax charge. Our Company is moving in the right direction, and I am optimistic about the outlook for our business." The Full Research Report on Boyd Gaming Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5fc9_BYD]

Penn National Gaming, Inc. Research Report

On July 30, 2013, Penn National Gaming, Inc. (Penn National) announced that Gary DeWitt Jr. has been appointed as the General Manager at its Hollywood Gaming facility at Dayton Raceway, which is scheduled to open in H2 2014. The Company reported that Mr. Dewitt has been the Assistant General Manager of Hollywood Casino Columbus since January 2013, and his new appointment, effective January 2014, is subject to customary regulatory approval. According to the Company, in his new role at Dayton Raceway, he will be fully responsible for the start-up, opening, and management of the planned $125 million facility, including the recruitment and training of employees. The Full Research Report on Penn National Gaming, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0a54_PENN]

Caesars Entertainment Corp. Research Report

On July 29, 2013, Caesars Entertainment Corp. (Caesars Entertainment) reported its financial results for Q2 2013. The Company's net revenues declined 0.3% YoY to c.$2.2 billion. Net loss attributable to Caesars Entertainment was $212.2 million or $1.69 per diluted share in Q2 2013, compared to net loss of $241.7 million or $1.93 per diluted share in Q2 2012. Commenting on the results, Gary Loveman, Chairman and CEO of Caesars Entertainment, said, "While challenging conditions in the gaming industry impacted our gaming revenues during the second quarter, we are beginning to observe positive underlying trends resulting directly from the investments we've made to enhance our hospitality footprint, particularly in Las Vegas. Our performance also reflects our focus on managing operating expenses without sacrificing service." He added, "We are excited about our prospects in 2014 and beyond, particularly in light of the improving economic conditions and consumer sentiment, favorable underlying business trends and projects that are scheduled to come online." The Full Research Report on Caesars Entertainment Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3aac_CZR]

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