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EMAILWIRE.COM, November 06, 2009 ) Dallas, TX - Wynn Resorts, Limited (
NASDAQ:WYNN) rose the most among the casino stocks and rallied 8.27% to $59.84 on over 5.36 million shares. The stock has been volatile ever since it had announced its quarterly results last week. So far this year the stock has rallied over 40%.Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts.
MGM MIRAGE (
NYSE:MGM) jumped 4.51% to $9.74. Today, MGM Mirage reported a third quarter loss of $750.4 million, or $1.70 per share diluted. In the previous year, MGM Mirage reported net incomes of $61.3 million or 22 cents a share. Part of the losses is due to charges equivalent to $1.72 a share which includes a write-down worth $8.5 billion on a City Center project on the Las Vegas Strip. The high charges from the City Center helped to weigh down the earning for the third quarter.
Las Vegas Sands Corp. (
NYSE:LVS) rose 4.10% to $15.47. So far this year the stock has jumped over 160%. Las Vegas Sands Corp (LVSC) owns and operates The Venetian Resort Hotel Casino (The Venetian Las Vegas), The Palazzo Resort Hotel Casino (The Palazzo) and The Sands Expo and Convention Center (the Sands Expo Center) in Las Vegas, Nevada, and the Sands Macao, The Venetian Macao Resort Hotel (The Venetian Macao) and the Four Seasons Hotel Macao, Cotai Strip (the Four Seasons Macao) in Macao, People’s Republic of China (China).
Melco Crown Entertainment Ltd (NASDAQ:MPEL) gained marginally and added 1.19% to $5.12.
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