MGM Stock Drops, But Its Charts Stay Intact

MGM stock has had a great run this year, and while it might have some near-term weakness in store, the medium- and long-term charts look robust. More 

Record Month for Macau Casinos

A surge in holiday visitors from mainland China sent Macau's monthly casino revenue to a new high last month. More 

Borgata Wins First Online Gambling Permit in NJ

The Borgata Hotel Casino & Spa has won the first online gambling permit in NJ. The resort is expected to launch online gambling by the end of November. More 

Clubbing Threatens Gambling as Biggest Las Vegas Money-Maker

Clubs and other entertainment venues are increasingly a bigger draw than gambling for visitors to Las Vegas. More 

Trade of the Day: MGM Resorts (MGM)

This stock is showing just the kind of setup I like for selling covered calls. The shares broke out to new highs and seems to have limited upside. More 

Online Gambling Is Set to Explode; Who’s Holding a Hot Hand?

The potential for expanded online real-money gaming in the U.S. has had investors aflutter over several stocks -- but which could really make a dent? More 

Why Caesars Splitting Won’t Be Enough

Caesars Entertainment announced a plan to split into two companies, which sent shares soaring. Unfortunately, the move doesn't solve any of its big problems. More