• Теги
    • избранные теги
    • Компании1148
      • Показать ещё
      Страны / Регионы440
      • Показать ещё
      Разное327
      • Показать ещё
      Международные организации14
      • Показать ещё
      Люди131
      • Показать ещё
      Издания54
      • Показать ещё
      Формат15
      Сферы2
      Показатели34
      • Показать ещё
Las Vegas Sands
10 декабря, 01:13

China May Cut ATM Withdrawal: Are Casino Stocks at Risk?

Though, China's capital control policies could be helpful in the long run, these could restrict gaming revenues in the near term

10 декабря, 01:02

Stock Market Roundup, Dec. 8: BAC Remains Bullish, RH Tanks

The American markets capped off an incredible week with another day of gains on Friday. The DOW, Nasdaq, and S&P 500 once again toyed with all-time highs throughout the day. Casino stocks bounced back a bit after a rough Thursday, Bank of America earned our "Bull of the Day" recognition, and Restoration Hardware tanked on poor sales outlook.

10 декабря, 00:49

Donald Trump Rewarding Million-Dollar Donors With Plum Postings

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); Donald Trump routinely blasts his political foes for “pay-to-play” politics and “crony capitalism and corruption.” But Trump is now rewarding some of his biggest campaign bankrollers with unparalleled access, influence, prestige and power in his presidential administration-in-waiting, according to a Center for Public Integrity analysis of new campaign finance disclosures filed with the Federal Election Commission. In all, 18 ultra-wealthy Americans — the majority are billionaires whose fortunes are greatly affected by government decisions — contributed at least $1 million to the Republican’s presidential campaign and political efforts supporting Trump’s bid, the Center for Public Integrity’s analysis shows. At least one person on this list, former World Wrestling Entertainment executive Linda McMahon, is slated to serve in Trump’s Cabinet: Trump this week tapped McMahon to lead the federal government’s Small Business Administration. In addition to spending $6.2 million to support Trump’s presidential effort, she and husband Vince McMahon have together donated millions of dollars to Trump’s scandal-plagued charitable foundation. Trump is also nominating six-figure contributors to cabinet-level positions: billionaire philanthropist Betsy DeVos as education secretary, restaurant mogul Andy Puzder as labor secretary and billionaire investor Wilbur Ross as commerce secretary. And four days before Election Day, Department of Housing and Urban Development secretary nominee Ben Carson’s old presidential campaign committee likewise gave a pro-Trump super PAC$100,000. Another top backer, hedge fund manager Robert Mercer, gave $2 million to a pro-Trump super PAC he helped establish with his daughter, Rebekah Mercer, called “Make America Number 1.” The father-daughter duo helped convince Trump to overhaul his campaign leadership in August and install operatives with close ties to the Mercer operation. They are now poised to play a leading role in a new organizationdesigned to advance Trump’s legislative agenda. Rebekah Mercer is also a member of Trump’s presidential transition team executive committee. In a sign of how much the Mercers have endeared themselves to the president-elect, Trump, on Saturday, made a surprise appearance at the Mercer’s “Villains and Heroes”-themed Christmas costume party on Long Island, New York. Then there’s Silicon Valley investor Peter Thiel, who gave $1 million to the Mercer-led, pro-Trump “Make America Number 1” super PAC during the presidential campaign’s final days, new federal campaign finance disclosures show. One of the few tech titans to openly speak about his support for Trump, Thiel is now on the executive council of Trump’s presidential transition team. Joe Ricketts, the billionaire founder of online brokerage TD Ameritrade who initially funded an anti-Trump super PAC, also earned Trump’s favor after contributing $1 million in September to pro-Trump super PAC “Future45.” Ricketts son, Todd Ricketts, helped run “Future45.” Todd Ricketts is now Trump’s nominee for deputy commerce secretary. Trump has given his No. 1 and No. 2 overall financial backers — casino tycoon Sheldon Adelson, and his wife, Miriam Adelson — new jobs since winning the presidency: They’re finance vice-chairmen of Trump’s inaugural committee, which is working to raise tens of millions of dollars to pay for his inauguration. It’s an event that itself promises top donors posh perks and exclusive access to Trump and his administration. Sheldon Adelson — the chairman and CEO of the Las Vegas Sands Corp. — waited until late October to put big dollars into backing Trump. But both he and Miriam Adelson ultimately invested $10.2 million each into pro-Trump groups. The Adelsons are strong supporters of Israel and opponents of online gambling. During the Republican presidential primary, Trump had accused Adelson of attempting to use his wealth to control Sen. Marco Rubio, R-Fla., who was also seeking the GOP presidential nomination. Representatives from Trump’s transition team did not respond to requests for comment. Trump has promised to “drain the swamp” in Washington, D.C. — an allusion to what he says is a capital city controlled by corrupt, self-interested lobbyists, political operatives and businesspeople. On one hand, Trump can argue that many of his top donors are not creatures of Washington, D.C., but rather, successful outsiders he trusts to reform the federal government, said Meredith McGehee, chief of policy, programs and strategy for campaign finance reform organization Issue One. On the other hand, Trump offering top donors key postings and intimate access “raises the question of whether they bought their positions,” she said. In the end, Trump was the biggest single bankroller of his campaign. He ultimately contributed $66.1 million of his own funds to his presidential campaign — about 19 percent of the $339 million he ultimately raised for the primary and general elections, federal disclosures show. Like all candidates, Trump’s campaign was prohibited from raising more than $5,400 per donor — $2,700 for the primary and $2,700 for the general election. But a host of super PACs ultimately sprang up to support the billionaire businessman and celebrity reality TV star. And thanks to the U.S. Supreme Court’s Citizens United v. FEC decision in 2010, and a related lower court ruling, these groups are allowed to accept donations of any amount from contributors. Trump also operated two joint fundraising groups with the Republican National Committee that could collect six-figure checks, money which was split between the Trump campaign, RNC and several state Republican parties. Not all of Trump’s top donors have received key posting in Trump’s administration or transition team — yet. Take Robert McNair, CEO of the Houston Texans, who doubled down on Trump in the final weeks of the election. According to new campaign finance filings, McNair contributed $2 million to a pro-Trump group called “Great America PAC” on Oct. 21. But another football mogul — Woody Johnson, owner of the New York Jets and a major Trump donor — is a member of Trump’s inaugural committee. Trump is also reportedly considering Johnson for nomination as the United States’ ambassador to the United Kingdom. Modern presidents, both Democrats and Republicans, have regularly offered top donors ambassadorships. Trump has offered no indication he will change this practice. Trump also has yet to begin doling out most ambassador positions. Two other top Trump donors — billionaire Diane Hendricks, the richest woman in Wisconsin, and billionaire Stephen Feinberg, CEO and founder of investment firm Cerberus Capital Management — served as economic advisers to Trump during the campaign. It’s not yet clear whether either will have a more formal role in Trump’s administration. Bernard Marcus, the billionaire co-founder of Home Depot, donated $7 million to pro-Trump super PACs, ranking him just behind the Adelsons in overall contributions. Marcus says he has no interest in a formal role with the Trump administration, but has said he will be available if Trump wants his advice. Former Goldman Sachs executive Steve Mnuchin doesn’t rank among Trump’s top donors. But Mnuchin, who as Trump’s top campaign fundraiserwas responsible for convincing so many wealthy individuals to give Trump money, is also enjoying the spoils of victory. Trump has nominated Mnuchin as his U.S. Treasury secretary. Chris Zubak-Skees contributed to this report. The Center for Public Integrity is a nonprofit, nonpartisan investigative news organization in Washington, D.C. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

10 декабря, 00:49

Donald Trump Rewarding Million-Dollar Donors With Plum Postings

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); Donald Trump routinely blasts his political foes for “pay-to-play” politics and “crony capitalism and corruption.” But Trump is now rewarding some of his biggest campaign bankrollers with unparalleled access, influence, prestige and power in his presidential administration-in-waiting, according to a Center for Public Integrity analysis of new campaign finance disclosures filed with the Federal Election Commission. In all, 18 ultra-wealthy Americans — the majority are billionaires whose fortunes are greatly affected by government decisions — contributed at least $1 million to the Republican’s presidential campaign and political efforts supporting Trump’s bid, the Center for Public Integrity’s analysis shows. At least one person on this list, former World Wrestling Entertainment executive Linda McMahon, is slated to serve in Trump’s Cabinet: Trump this week tapped McMahon to lead the federal government’s Small Business Administration. In addition to spending $6.2 million to support Trump’s presidential effort, she and husband Vince McMahon have together donated millions of dollars to Trump’s scandal-plagued charitable foundation. Trump is also nominating six-figure contributors to cabinet-level positions: billionaire philanthropist Betsy DeVos as education secretary, restaurant mogul Andy Puzder as labor secretary and billionaire investor Wilbur Ross as commerce secretary. And four days before Election Day, Department of Housing and Urban Development secretary nominee Ben Carson’s old presidential campaign committee likewise gave a pro-Trump super PAC$100,000. Another top backer, hedge fund manager Robert Mercer, gave $2 million to a pro-Trump super PAC he helped establish with his daughter, Rebekah Mercer, called “Make America Number 1.” The father-daughter duo helped convince Trump to overhaul his campaign leadership in August and install operatives with close ties to the Mercer operation. They are now poised to play a leading role in a new organizationdesigned to advance Trump’s legislative agenda. Rebekah Mercer is also a member of Trump’s presidential transition team executive committee. In a sign of how much the Mercers have endeared themselves to the president-elect, Trump, on Saturday, made a surprise appearance at the Mercer’s “Villains and Heroes”-themed Christmas costume party on Long Island, New York. Then there’s Silicon Valley investor Peter Thiel, who gave $1 million to the Mercer-led, pro-Trump “Make America Number 1” super PAC during the presidential campaign’s final days, new federal campaign finance disclosures show. One of the few tech titans to openly speak about his support for Trump, Thiel is now on the executive council of Trump’s presidential transition team. Joe Ricketts, the billionaire founder of online brokerage TD Ameritrade who initially funded an anti-Trump super PAC, also earned Trump’s favor after contributing $1 million in September to pro-Trump super PAC “Future45.” Ricketts son, Todd Ricketts, helped run “Future45.” Todd Ricketts is now Trump’s nominee for deputy commerce secretary. Trump has given his No. 1 and No. 2 overall financial backers — casino tycoon Sheldon Adelson, and his wife, Miriam Adelson — new jobs since winning the presidency: They’re finance vice-chairmen of Trump’s inaugural committee, which is working to raise tens of millions of dollars to pay for his inauguration. It’s an event that itself promises top donors posh perks and exclusive access to Trump and his administration. Sheldon Adelson — the chairman and CEO of the Las Vegas Sands Corp. — waited until late October to put big dollars into backing Trump. But both he and Miriam Adelson ultimately invested $10.2 million each into pro-Trump groups. The Adelsons are strong supporters of Israel and opponents of online gambling. During the Republican presidential primary, Trump had accused Adelson of attempting to use his wealth to control Sen. Marco Rubio, R-Fla., who was also seeking the GOP presidential nomination. Representatives from Trump’s transition team did not respond to requests for comment. Trump has promised to “drain the swamp” in Washington, D.C. — an allusion to what he says is a capital city controlled by corrupt, self-interested lobbyists, political operatives and businesspeople. On one hand, Trump can argue that many of his top donors are not creatures of Washington, D.C., but rather, successful outsiders he trusts to reform the federal government, said Meredith McGehee, chief of policy, programs and strategy for campaign finance reform organization Issue One. On the other hand, Trump offering top donors key postings and intimate access “raises the question of whether they bought their positions,” she said. In the end, Trump was the biggest single bankroller of his campaign. He ultimately contributed $66.1 million of his own funds to his presidential campaign — about 19 percent of the $339 million he ultimately raised for the primary and general elections, federal disclosures show. Like all candidates, Trump’s campaign was prohibited from raising more than $5,400 per donor — $2,700 for the primary and $2,700 for the general election. But a host of super PACs ultimately sprang up to support the billionaire businessman and celebrity reality TV star. And thanks to the U.S. Supreme Court’s Citizens United v. FEC decision in 2010, and a related lower court ruling, these groups are allowed to accept donations of any amount from contributors. Trump also operated two joint fundraising groups with the Republican National Committee that could collect six-figure checks, money which was split between the Trump campaign, RNC and several state Republican parties. Not all of Trump’s top donors have received key posting in Trump’s administration or transition team — yet. Take Robert McNair, CEO of the Houston Texans, who doubled down on Trump in the final weeks of the election. According to new campaign finance filings, McNair contributed $2 million to a pro-Trump group called “Great America PAC” on Oct. 21. But another football mogul — Woody Johnson, owner of the New York Jets and a major Trump donor — is a member of Trump’s inaugural committee. Trump is also reportedly considering Johnson for nomination as the United States’ ambassador to the United Kingdom. Modern presidents, both Democrats and Republicans, have regularly offered top donors ambassadorships. Trump has offered no indication he will change this practice. Trump also has yet to begin doling out most ambassador positions. Two other top Trump donors — billionaire Diane Hendricks, the richest woman in Wisconsin, and billionaire Stephen Feinberg, CEO and founder of investment firm Cerberus Capital Management — served as economic advisers to Trump during the campaign. It’s not yet clear whether either will have a more formal role in Trump’s administration. Bernard Marcus, the billionaire co-founder of Home Depot, donated $7 million to pro-Trump super PACs, ranking him just behind the Adelsons in overall contributions. Marcus says he has no interest in a formal role with the Trump administration, but has said he will be available if Trump wants his advice. Former Goldman Sachs executive Steve Mnuchin doesn’t rank among Trump’s top donors. But Mnuchin, who as Trump’s top campaign fundraiserwas responsible for convincing so many wealthy individuals to give Trump money, is also enjoying the spoils of victory. Trump has nominated Mnuchin as his U.S. Treasury secretary. Chris Zubak-Skees contributed to this report. The Center for Public Integrity is a nonprofit, nonpartisan investigative news organization in Washington, D.C. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

10 декабря, 00:16

Should Investors in the Gaming ETF Worry About Macau?

Chinese clampdown on illegal money transfer via Macau by halving UnionPay bank ATM withdrawals may put casino ETF under pressure.

09 декабря, 21:15

Here's Why Casino Stocks (MGM, LVS, WYNN) Are Gaining Today

Shares of some of the largest casino brands with operations in Macau, including MGM Resorts (MGM), Las Vegas Sands (LVS), and Wynn Resorts (WYNN) were up on Friday after the Chinese gambling hotspot limited daily ATM withdrawals by less that was originally reported.

09 декабря, 19:55

Пекин нанес сокрушительный удар по казино Макао

Акции казино Макао рухнули после сообщения в South China Morning Post о суровых мерах Китая по борьбе с оттоком капитала.

09 декабря, 19:05

Macau says no curb on cash amount withdrawal

MACAU moved yesterday to clarify it has not tightened daily cash withdrawal limits for Chinese mainland gamblers, after fears of a crackdown on illicit money outflows sent shares in casino operators tumbling. The

09 декабря, 17:30

Пекин нанес сокрушительный удар по казино Макао

Акции казино Макао рухнули после сообщения в South China Morning Post о суровых мерах Китая по борьбе с оттоком капитала.

09 декабря, 17:30

Пекин нанес сокрушительный удар по казино Макао

Акции казино Макао рухнули после сообщения в South China Morning Post о суровых мерах Китая по борьбе с оттоком капитала.

Выбор редакции
08 декабря, 22:44

China's Latest Capital Control: A Crackdown On Macau ATM Cash Withdrawals

Casino stocks have plunged following a report in the South China Morning Post that in China's latest crackdown on capital outflows, Beijing is cutting in half the amount of money account holders of China UnionPay can withdraw from ATMs in Macau, the world’s largest gambling market.  The Monetary Authority of Macau’s ATM withdrawal cut is understood to be a reaction to attempts by illicit money movers to circumvent Beijing’s move at the beginning of this year to cap at 100,000 yuan (HK$112,600) the annual amount that UnionPay card holders could withdraw. The limit imposed by the Monetary Authority of Macau takes effect Saturday, cutting the withdrawal limit from 10,000 to 5,000 patacas, and follows the discovery that as much as 10 billion patacas in China UnionPay ATM withdrawals were made in one month alone. The latest capital control also comes amid so far unanswered claims that the customer voucher scheme run by Marina Bay Sands casino resort in Singapore – which allows China UnionPay card users to buy gaming chips in breach of China’s strict currency controls, a scheme we profiled over a year ago – has seen billions of yuan flow out of the mainland. In immediate reaction, shares of Wynn Resorts Ltd. fell as much as 12%, Las Vegas Sands dropped 12% and MGM Resorts International sank 7%. As SCMP reports, a Macau finance industry insider - who apparently was not familiar with how money is laundered through Macau - told the Post: “What has happened is that individuals are turning up at ATM machines with stacks of cards from individual account holders and are withdrawing 10,000 a time. “The authorities have decided it is time to act and Beijing is backing the move.’’ Two years ago, Beijing put the squeeze on the multi-billion yuan flow of illicit cash through Macau by imposing a crackdown on the use of UnionPay point of service machines, which were being used to disguise overseas transactions as local mainland ones. It also cracked down on the practice of pawnshops paying cash for products such as jewellery and watches bought with UnionPay cards to subvert currency controls.   The pressure appears to have had a possible knock-on effect in other casino jurisdictions like Singapore. The latest crackdown on the gambling mecca shows just how seriously Beijing is taking the recent record drop in the Yuan, and how far it is willing to go to plug every possible capital flight loophole. Macau political commentator Sonny Lo said: “At the end of the day, national security is at stake for Beijing when it comes to the integrity of their currency and its outflow in massive amounts. This is what is behind these increasing moves by Beijing to stem capital outflow.” While the Yuan may ultimately be a winner, US casinos in Macau, who will have far less "disposable cash" to launder, are clearly the biggest losers, at least judging by the market's kneejerk reaction.

06 декабря, 22:26

4 Gaming Stocks on a Hot Streak

With the help of the Zacks Stock Screener, we have zeroed-in on four stocks in the Gaming industry that flaunt a Zacks Rank #1 (Strong Buy) and have rallied an impressive 10% or more over the last four months.

Выбор редакции
05 декабря, 17:06

Top Ranked Income Stocks to Buy for December 5th

Top Ranked Income Stocks to Buy for December 5th

05 декабря, 14:50

Bear of the Day: Mead Johnson Nutrition (MJN)

Bear of the Day: Mead Johnson Nutrition (MJN)

02 декабря, 17:30

Las Vegas Sands, GNC and Ulta Beauty highlighted as Zacks Bull and Bear of the Day

Las Vegas Sands, GNC and Ulta Beauty highlighted as Zacks Bull and Bear of the Day

02 декабря, 15:34

Bull of the Day: Las Vegas Sands (LVS)

Bull of the Day: Las Vegas Sands (LVS)

Выбор редакции
01 декабря, 22:51

Isle of Capri Casinos (ISLE) Q2 Earnings, Revenues Miss

Isle of Capri Casinos, Inc. (ISLE) reported lower-than-expected results in the second quarter of fiscal 2017.

29 ноября, 16:13

Las Vegas Sands (LVS) Hits 52-Week High on Macau Revival

Shares of Las Vegas Sands Corp. (LVS) rallied to a 52-week high of $63.38 on Nov 28.

23 ноября, 21:36

Here's Why Japan Could Become The Next Gambling Hotspot

Gambling revenues from the traditional hubs of Las Vegas and Macau have rebounded after a period of difficulty, but the big casinos are already shifting their attention away from these locations and on to Japan, which is currently debating legislation that would legalize gambling in the country.