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Casinos & Gaming

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J.P. Morgan analyst offers upgrade of Boyd Gaming

J.P. Morgan analyst Joseph Greff upgraded his rating of Boyd Gaming from underweight to neutral, but that did not provide a rallying point for the stock Monday.

MGM Macau casino raises $1.4B in Hong Kong IPO

A Macau casino joint venture between MGM Resorts International and Pansy Ho, the daughter of gambling tycoon Stanley Ho, has raised about 11.1 billion Hong Kong dollars ($1.4 billion) in net proceeds from an initial public offering on Hong Kong’s stock exchange.

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