International Business News - Resorts http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Empire Resorts Inc. said Thursday that a joint-venture partner completed the last piece of investor financing needed for a $1.1 billion redevelopment project to build a gambling resort in the Catskills. http://www.ibtimes.com/articles/20080828/empire-resorts-says-financing-set-for-ny-project.htm Thu, 28 Aug 2008 13:55:03 EDT Microsoft founder Bill Gates has acquired more than 5 percent of Strategic Hotels & Resorts Inc., a hotel real estate investment trust, according to a filing with the Securities and Exchange Commission filing on Friday. http://www.ibtimes.com/articles/20080826/bill-gates-buys-strategic-hotels-resorts-stake.htm Tue, 26 Aug 2008 16:04:10 EDT Among the premarket stories for Tuesday, Aug. 12, from AP Financial News: NEW YORK (AP)--A JPMorgan analyst downgraded his rating on Wynn Resorts Ltd. Tuesday saying it would be difficult for the company to sustain a recent rise in its share price. http://www.ibtimes.com/articles/20080812/premarket-roundup-wynn-resorts-ldk-solar.htm Tue, 12 Aug 2008 09:56:46 EDT A JPMorgan analyst downgraded his rating on Wynn Resorts Ltd. Tuesday saying it would be difficult for the company to sustain a recent rise in its share price. http://www.ibtimes.com/articles/20080812/ahead-of-the-bell-wynn-downgraded-by-jpmorgan.htm Tue, 12 Aug 2008 09:25:15 EDT Casino operator Trump Entertainment Resorts Inc. said Thursday its net loss widened in the second quarter, falling short of analysts' estimates, on a decrease in gaming revenue. http://www.ibtimes.com/articles/20080807/trump-entertainment-resorts-loss-widens-in-2q.htm Thu, 07 Aug 2008 16:58:51 EDT Among the earnings projection stories for Tuesday, Aug. 5, from AP Financial News: NEW YORK (AP)--Great Wolf Resorts Inc., which operates indoor waterpark resorts in North America, boosted its full-year earnings guidance on Tuesday after reporting better-than-expected second-quarter results. http://www.ibtimes.com/articles/20080805/outlook-roundup-great-wolf-resorts-interline.htm Tue, 05 Aug 2008 18:12:45 EDT Great Wolf Resorts Inc., which operates indoor waterpark resorts in North America, boosted its full-year earnings guidance on Tuesday after reporting better-than-expected second-quarter results. http://www.ibtimes.com/articles/20080805/great-wolf-resorts-boosts-2008-outlook.htm Tue, 05 Aug 2008 15:09:34 EDT Shares of Great Wolf Resorts Inc., which operates indoor waterpark resorts in North America, surged on Tuesday after the company reported that its loss widened in the second-quarter, but beat Wall Street's expectations. http://www.ibtimes.com/articles/20080805/great-wolf-2q-loss-widens-but-beats-expectations.htm Tue, 05 Aug 2008 15:07:28 EDT Wynn Resorts Ltd. reported Thursday that its second-quarter earnings more than tripled compared to last year due to a hefty tax benefit and strong revenue growth at the Las Vegas-based casino operator's Macau property. http://www.ibtimes.com/articles/20080724/wynn-resorts-2q-profit-more-than-triples.htm Thu, 24 Jul 2008 19:03:56 EDT Starwood Hotels & Resorts Worldwide Inc. reported a better-than-expected 16.4 percent drop in second-quarter profit Thursday, although the stock fell after Starwood cut its full-year outlook, citing a weakening U.S. market. http://www.ibtimes.com/articles/20080724/starwood-2q-profit-falls-16-4-percent.htm Thu, 24 Jul 2008 18:30:19 EDT Casino operator Wynn Resorts Ltd. reports second-quarter results on Thursday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080722/earnings-preview-wynn-resorts.htm Tue, 22 Jul 2008 17:51:12 EDT Vail Resorts Inc., which runs mountain resorts, said Wednesday that its board agreed to buy back 3 million more shares of the company's common stock, increasing the total number of shares available for repurchase to 3.3 million. http://www.ibtimes.com/articles/20080717/vail-resorts-to-buy-back-3-million-more-shares.htm Thu, 17 Jul 2008 07:44:50 EDT Among the earnings stories for Wednesday, July 16, from AP Financial News: BETHESDA, Md. (AP)--Host Hotels & Resorts Inc. reported improved second-quarter results on Wednesday, but reduced its guidance for the rest of the year to reflect increasing weakness in its transient and group business. http://www.ibtimes.com/articles/20080716/earnings-roundup-host-hotels-texas-capital.htm Wed, 16 Jul 2008 19:11:13 EDT Host Hotels & Resorts Inc., on Wednesday cut its full-year outlook and offered third-quarter guidance below Wall Street expectations. The company now forecasts funds from operations between 27 cents to 29 cents per share for the third quarter and $1.75 to $1.85 per share for the full year. http://www.ibtimes.com/articles/20080716/host-hotels-resorts-lowers-2008-outlook.htm Wed, 16 Jul 2008 09:41:02 EDT Shares of Wynn Resorts Ltd. jumped at market open Friday after the casino resort operator said it expects sharply higher operating profit at its Macau property and announced a boost to its buyback program. http://www.ibtimes.com/articles/20080711/out-of-the-gate-wynn-resorts-shares-surge.htm Fri, 11 Jul 2008 10:03:16 EDT Casino operator Wynn Resorts Ltd. said Thursday its board approved an increase of up to $500 million to its previously announced $1.2 billion equity repurchase program. http://www.ibtimes.com/articles/20080710/wynn-resorts-approves-500m-boost-to-buyback-plan.htm Thu, 10 Jul 2008 17:15:39 EDT Wynn Resorts Ltd. predicted lower second-quarter operating income for its Las Vegas property on Thursday, based on preliminary results, although operating profit at the casino operator's Macau property is expected to surge. http://www.ibtimes.com/articles/20080710/wynn-expects-lower-las-vegas-operating-profit.htm Thu, 10 Jul 2008 17:13:03 EDT An analyst cut estimates and a price target on Starwood Hotels & Resorts Worldwide Inc. on Monday, citing an expected drop in demand for the lodging industry over the next three periods. http://www.ibtimes.com/articles/20080630/ahead-of-the-bell-starwood-hotels-resorts.htm Mon, 30 Jun 2008 09:05:58 EDT A director of casino operator Wynn Resorts Ltd. bought 20,000 shares of stock, according to a Securities and Exchange Commission filing Thursday. In a Form 4 filed with the SEC, John A. Moran reported he bought the shares for $84.52 to $85.07 apiece on Thursday. http://www.ibtimes.com/articles/20080627/wynn-resorts-director-john-a-moran-buys-shares.htm Fri, 27 Jun 2008 16:34:56 EDT Among the stock activity stories for Friday, June 27, from AP Financial News: NEW YORK (AP)--Shares of Wynn Resorts Ltd. dropped to a 52-week low on Friday after an analyst lowered his earnings estimates for the company and recommended that investors view the gaming sector "very cautiously" in the near future. http://www.ibtimes.com/articles/20080627/movers-roundup-wynn-resorts-american-eagle.htm Fri, 27 Jun 2008 14:39:51 EDT