News

Gaming stocks witness instability

By HOWARD STUTZLAS VEGAS REVIEW-JOURNAL

January 30, 2009 - 3:48 pm

Volatility marked the gaming sector in January.

Half of the publicly traded casino companies and slot machine makers tracked by Las Vegas financial consultant Applied Analysis saw their average daily share price record double-digit jumps during the month. Last year, many gaming stocks fell to all-time lows.

“Concerns about the national economy persisted,” Applied Analysis partner Brian Gordon wrote in the report Friday. “Speculation of economic stimulus efforts is uncertain. Also during the month, consumer confidence levels dipped to their lowest levels in history, a sign that demand in the leisure industry may be impacted."

Applied Analysis’ Gaming Index fell just 6.17 points in January to close at 223.84, a modest decline compared to several double digit drops the index experienced last year.

Demolition work continues on the Tropicana hotel-casino as a crew removes concrete and pavement ...

Tropicana was profitable right up until it closed, landowner says

By Richard N. Velotta / RJ

April 26, 2024 - 1:01 pm

Executives with Tropicana landlord Gaming & Leisure Properties Inc. said the Las Vegas Strip resort closed April 2 as part of the A’s ballpark construction timeline.

A student protester against the war in Gaza walks past tents and banners in an encampment in Ha ...

Campuses across US wrestle with how to address protests

By Noreen Nasir, Aaron Morrison and Nick Perry The Associated Press

April 26, 2024 - 12:39 pm

Protesters at universities across the country are demanding schools cut financial ties to Israel and divest from companies they say are enabling the conflict.

Students block the Sciences Po university Friday, April 26, 2024 in Paris. Students at the pres ...

Paris students block university building in pro-Palestinian protest

By Jeffrey Schaffer and Barbara Surk The Associated Press

April 26, 2024 - 12:24 pm

The protest, which prompted the university to move classes online, was inspired by pro-Palestinian protests on college campuses across the United States.

U.S. Secretary of State Antony Blinken speaks during a press conference at the U.S. Embassy in ...

U.S. says it’s reviewing new information about Israeli unit accused of abuses before the war in Gaza

By Ellen Knickmeyer, Farnoush Amiri and Matthew Lee The Associated Press

April 26, 2024 - 12:20 pm

The U.S. has determined that an Israeli military unit committed gross human-rights abuses against Palestinians in the West Bank before the war in Gaza began.

Thousands of Houthi supporters take part at a rally against the U.S. and Israel and to support ...

Ship in Red Sea damaged; missiles from Houthi terrorists suspected

By Jon Gambrell The Associated Press

April 26, 2024 - 12:17 pm

The attack follows an uptick in assaults launched by the Houthis in recent days after a relative lull in their monthslong campaign over Israel’s war on Hamas in the Gaza Strip.