Wall Street Fundamentals Releases New In-Depth Stock Reports on CZR, LVS, MGM and WYNN


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Companies Mentioned

NASDAQ:CZR / NYSE:LVS / NYSE:MGM / NASDAQ:WYNN
01/13/2014 [ACCESSWIRE]

On Friday, the Nevada Gaming Control Board reported its largest casinos posted a loss of $1.35 billion in 2013, an increase of 11.2 percent when compared to 2012. Total revenue increased for the third consecutive year to $23.0 billion. For casinos on the Las Vegas Strip losses shrunk for the first time since 2007 and gambling revenues increased 5.7 percent when compared to a year ago. Here is how some casino stocks reacted Friday:

Caesars Entertainment Corp. (NASDAQ: CZR) shares traded in the range of $22.93 to $23.70 Friday before settling to close at $23.42, an increase of 1.69 percent. The stock appears to be facing some resistance at $25.93 with some support at the $22.45 and $22.12 levels. Shares of Caesars Entertainment have gained approximately 230.0 percent in the past year.

More information on Caesars Entertainment and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/CZR

Las Vegas Sands Corp. (NYSE: LVS) shares traded in the range of $79.74 to $80.73 Friday before settling to close at $80.59, a decrease of 0.02 percent. The stock appears to be facing some resistance at $82.74 with some support at the $78.46 and $76.57 levels. Shares of Las Vegas Sands have gained approximately 53.0 percent in the past year.

More information on Las Vegas Sands and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/LVS

MGM Resorts International (NYSE: MGM) shares traded in the range of $24.76 to $25.39 Friday before settling to close at $25.36, an increase of 1.52 percent. The stock appears to be facing some resistance at $25.86 with some support at the $24.17 and $21.09 levels. Shares of MGM Resorts International have gained approximately 98.0 percent in the past year.

More information on MGM Resorts International and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/MGM

Wynn Resorts, Limited (NASDAQ: WYNN) shares traded in the range of $202.26 to $207.24 Friday before settling to close at $206.86, an increase of 1.02 percent. The stock appears to be facing some resistance at $210.81 with some support at the $202.67 and $194.78 levels. Shares of Wynn Resorts have gained approximately 68.0 percent in the past year.

More information on Wynn Resorts and access to the free equity report can be found at:
www.WallStreetFundamentals.com/WYNN

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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