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Southwest Airlines fuel hedge program helps secure record 3Q

Fuel hedging is a strategy through which bulk fuel pricing is negotiated in advance of consumption which can occasionally result in an airline paying more than the market rate if prices fall. Southwest has had one of the most robust — and successful — fuel hedging strategies in the industry.

Las Vegas Sands, MGM front runners for Japan resorts, Morningstar finds

Las Vegas Sands Corp. and MGM Resorts International appear to have the inside track to be selected to build two of Japan’s first integrated resorts and casinos at Osaka and Yokohama, senior equity analyst Dan Wasiolek of Chicago-based Morningstar Inc. said Monday in a research report to investors.

Full House Resorts says Affinity Gaming offer may be too low

In a Securities and Exchange Commission filing Monday, Full House Resorts Inc. reported that Affinity, affiliated with Z Capital Partners LLC, which has offices in New York and Chicago, proposed acquiring the regional casino operator in a structured cash or stock offer of $1.79 a share.