(Adds price of share sale, Melco's holding, background)
Australia's Crown Resorts Ltd said on Wednesday that U.S. private equity firm Blackstone Group Inc had bought some of its shares from Macau casino operator Melco Resorts & Entertainment Ltd.
Blackstone Group Inc. (NYSE: BX), a private equity company, has purchased a 10% stake in Australia based casino operator Crown Resorts, leading to a sharp spike in Crown’s...

The wait goes on in Macau for traffic recovery

06:51pm, Tuesday, 28'th Apr 2020
Visitor arrivals to Macau fell by 94% in March to 212,311, according to a release from the city's Statistics and Census Service.A ban in Macau of visitors from overseas and a 14-day quarantine on most
Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Melco Resorts warns on material impact

01:26pm, Tuesday, 28'th Apr 2020
Melco Resorts & Entertainment (NASDAQ:MLCO) trades higher despite posting a general warning on upcoming results. "The disruptions to our operations caused by the Covid-19 outbreak have had a
Financial Counselors Inc. lessened its stake in shares of Melco Resorts & Entertainment Limited (NASDAQ:MLCO) by 10.7% in the first quarter, according to the company in its most recent Form 13F filing
In a report released today, Harry Curtis from Nomura maintained a Buy rating on Penn National Gaming (PENN), with a price target of $19.00. The company's
Nomura analyst Harry Curtis maintained a Buy rating on Boyd Gaming (BYD) today and set a price target of $22.00. The company's shares closed last Friday
Melco Resorts & Entertainment (NASDAQ:MLCO) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Saturday, BidAskClub repor
Casino stocks rally after Las Vegas Sands Corp. executives discuss the rebound in revenue among the company’s properties across Asia.
Dow Jones Industrial Average was up 311.01 points, or 1.32 per cent, at 23,786.83.
Wall Street rose on Thursday as a third straight decline in weekly jobless claims raised hopes the worst of the coronavirus pandemic’s impact on the labor market was over, while energy stocks…
Wall Street rose on Thursday as a third straight decline in weekly jobless claims raised hopes the worst of the coronavirus pandemic's impact on the labor market was over, while energy stocks jumped o
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