MGM Resorts International (NYSE:MGM), a Las Vegas-based casino operator, said it’s ready to spend $5 billion to $10 billion in Japan, a day after competitor Las Vegas Sands Corp. (LVS: US) said it planned to make a similar investment. MGM Resorts International (NYSE:MGM) stock opened at $27.11 in last session, and closed at $27.84, while the day range of MGM Resorts International (NYSE:MGM) stock is $27.11 – $27.98. The stock showed a positive weekly performance of 6.99%.
Japanese lawmakers haven’t yet approved casino gambling but that hasn’t stopped the world’s largest gaming companies from making an early pitch for the one or two licenses expected to be authorized. And when it comes to money, billionaire Sheldon Adelson steps to the forefront. Over the weekend, Adelson, chairman and CEO of Las Vegas Sands Corp. (NYSE:LVS), was quoted as saying he would spend $10 billion or “whatever it takes” to secure a license. Las Vegas Sands Corp. (NYSE:LVS) Company (NYSE:DIS) stock opened at $81.02 in last session, and closed at $84.41 by gaining 4.35%. The 52 week range of $47.95 – $85.32. Company’s market capitalization is $69.10B.
The most expensive theme park at Walt Disney World Resort just got a little pricier. Starting February 23, visitors ages 10 and up will pay $99 for one-day tickets to the Magic Kingdom, a $4 increase. The Walt Disney Company (NYSE:DIS) stock increased 0.75% and finished the last session at $80.73. The EPS of the stock remained 3.65. Company’s market capitalization is $142.25B.
Men’s Wearhouse said Monday that it was boosting its takeover offer for Jos. A. Bank Clothiers Inc. (NASDAQ:JOSB) yet again, spurring hopes that the months long saga might finally be coming to an end. Jos. A. Bank Clothiers Inc. (NASDAQ:JOSB) stock opened the session at $59.37, and closed the session at $60.04. The 52 week range of the Jos. A. Bank Clothiers Inc. (NASDAQ:JOSB) stock remained $38.36 – $60.14 and the day range was $58.35 – $60.14.