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Resorts and Casinos Announce Expansions, Earnings Results, New Leaders, and Upcoming Earnings Release - Analyst Notes on Wynn Resorts, Las Vegas Sands, MGM Resorts, Melco Crown and Royal Caribbean

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts Review

May 07, 2014, 08:00 ET

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NEW YORK, May 7, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Wynn Resorts Ltd. (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE: LVS), MGM Resorts International (NYSE: MGM), Melco Crown Entertainment Ltd. (NASDAQ: MPEL) and Royal Caribbean Cruises Ltd. (NYSE: RCL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2127-100free.

--
Wynn Resorts Ltd. Analyst Notes
On May 1, 2014, Wynn Resorts Ltd. (Wynn Resorts) reported its financial results for Q1 2014. Net revenue increased 9.8% YoY to $1.5 billion. According to the Company, the growth was led by a 14.2% YoY increase in revenue from its Macau operations, which was modestly offset by a 1.5% YoY drop in net revenues from the Company's Las Vegas operations. Net income was $226.9 million or $2.22 per diluted share, compared to $203.0 million or $2.00 per diluted share in Q1 2013. The Company on the same day also announced that it has approved a $1.25 per common share cash dividend for the quarter. According to Wynn Resorts, the dividend is payable on May 29, 2014 to shareholders of record as of May 15, 2014. The full analyst notes on Wynn Resorts are available to download free of charge at:

http://www.analystsreview.com/2127-WYNN-07May2014.pdf

--
Las Vegas Sands Corp. Analyst Notes
On May 2, 2014, Las Vegas Sands Corp. (Las Vegas Sands) announced that it has no plans of selling its market-leading property in Pennsylvania and is currently working on a variety of concepts in which the Company would further invest in the property. Las Vegas Sands also announced it has appointed Mark Juliano, an executive with extensive East Coast ties and industry experience, as its new President. The Company informed that Juliano comes from Marina Bay Sands, the Company's integrated resort in Singapore, where he served as Senior Vice President and Chief Casino Officer. The full analyst notes on Las Vegas Sands are available to download free of charge at:

http://www.analystsreview.com/2127-LVS-07May2014.pdf

--
MGM Resorts International Analyst Notes
On May 1, 2014, MGM Resorts International's (MGM Resorts) announced that Las Vegas Arena Company which is owned by AEG and MGM Resorts, broke ground on a world-class, privately funded, $375 million indoor arena set to open in spring 2016. According to the Company, the new 20,000-seat arena which is located west of the Las Vegas Strip, between New York-New York and Monte Carlo resorts, will host boxing, UFC and other sporting events, major headline entertainment, awards shows and special events. Commission Chair Steve Sisolak said, "This arena should symbolize for everybody watching that Las Vegas will continue to emerge from the recession a stronger, smarter, healthier and more vibrant destination for international tourism. Projects such as this create much-needed jobs and are true economic drivers." The full analyst notes on MGM Resorts are available to download free of charge at:

http://www.analystsreview.com/2127-MGM-07May2014.pdf

--
Melco Crown Entertainment Ltd. Analyst Notes
On April 24, 2014, Melco Crown Entertainment Ltd. (Melco Crown) announced that it will file its unaudited financial results for Q1 2014 on Form 6-K with the US Securities and Exchange Commission (SEC) on May 8, 2014. The Company informed that it will conduct a conference call on the same day at 8:30 a.m. ET (8:30 p.m. Hong Kong Time). Melco Crown stated that audio webcast of the call will be available on its website. The full analyst notes on Melco Crown are available to download free of charge at:

http://www.analystsreview.com/2127-MPEL-07May2014.pdf

--
Royal Caribbean Cruises Ltd. Analyst Notes
On April 24, 2014, Royal Caribbean Cruises Ltd. (Royal Caribbean) reported its financial results for Q1 2014. Total revenue decreased 1.3% YoY to $1.9 billion. Net income came in at $26.5 million or $0.12 per diluted share, compared to $76.2 million or $0.35 per diluted share in Q1 2013. Adjusted Net Income was $46.1 million, or $0.21 per diluted share, versus $78.2 million, or $0.35 per diluted share, in Q1 2013. Net Cruise Costs (NCC) excluding fuel increased by 1.0% while net yields declined by 2.7%. "It is gratifying to see 2014 developing methodically along such a positive trajectory," said Richard D. Fain, Chairman and CEO. "Our business strategy is proving itself nicely while strength in our global markets is more than compensating for a highly promotional Caribbean." For full year 2014, the Company expects adjusted EPS be in the range of $3.25 to $3.45 per share. The full analyst notes on Royal Caribbean are available to download free of charge at:

http://www.analystsreview.com/2127-RCL-07May2014.pdf

--
About Analysts Review
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===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is 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 by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does 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.

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