Resorts & Casinos: MGM Resorts International (NYSE:MGM), Melco Crown Entertainment (NASDAQ:MPEL), Las Vegas Sands (NYSE:LVS), Boyd Gaming (NYSE:BYD)

MGM Resorts International (NYSE:MGM) has announced the appointment of Anton Nikodemus as chief operating officer of MGM Resorts International Regional Operations. Nikodemus will oversee operations at Beau Rivage Resort & Casino in Biloxi, Gold Strike Casino Resort in Tunica and MGM Grand Detroit, and development and operations at MGM National Harbor, scheduled to open in 2016 in Prince George’s County, Md., and MGM Springfield in Springfield. Nikodemus joined MGM Resorts in 2005 and has served as senior vice president of hotel operations for MGM Grand Las Vegas and Bellagio, president and COO of Monte Carlo and as MGM Resorts president and COO of Casino Marketing. MGM Resorts International (NYSE:MGM) shares after opening at $25.87 moved to $26.53 on last trade day and at the end of the day closed at $26.49 . Company price to sales ratio in past twelve months was calculated as 1.29 and price to cash ratio as 11.66. MGM Resorts International (NYSE:MGM) showed a positive weekly performance of 11.96%.

Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL), the developer and owner of entertainment resort facilities and casino gaming in Asia, recently unveiled the designs of its new hotel tower. The company discloses the details of the project along with the architectural design of its new hotel tower at the city of dreams. Along with the revelation of the designs, the company also announced a partnership with the globally renowned and award-winning Dame Zaha Hadid. It was a question of great pride for the company to announce such amazing news along with the photo release of the designs. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) shares advanced 6.14% in last trading session and ended the day on $36.45. MPEL return on equity ratio is recorded as 16.40% and its return on assets is 7.60%. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) yearly performance is 51.37%.

Las Vegas Sands Corp. (NYSE: LVS) said today it has no intention of selling its market-leading property in Pennsylvania and, in fact, is working on a variety of concepts in which the company would further invest in the property. LVS also announced it has appointed Mark Juliano, an executive with extensive East Coast ties and industry experience, as its used president. Mr. Juliano comes from Marina Bay Sands, the company’s integrated resort in Singapore, where he served as senior vice president and chief casino officer. Las Vegas Sands Corp. (NYSE:LVS) shares moved up 1.58% in last trading session and was closed at $80.60 while trading in range of $80.00 – $81.25 – Las Vegas Sands Corp. (NYSE:LVS) year to date (YTD) performance is 2.81%.

Boyd Gaming Corporation (NYSE:BYD) reported financial results for the first quarter ended March 31, 2014.. Boyd Gaming reported first-quarter 2014 net revenues of $708.3 million, compared to $735.6 million during the same quarter in 2013, and total Adjusted EBITDA of $144.5 million, versus $163.5 million in the year-ago quarter. Boyd Gaming Corporation (NYSE:BYD) weekly performance is -1.54%. On last trading day company shares ended up $11.51. Boyd Gaming Corporation (NYSE:BYD) distance from 50-day simple moving average (SMA50) is -7.57%. Analysts mean target price for the company is $11.14.

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