#ADRs

Online casino gaming is hugely entertaining, but only if you can play in a safe way. The good news is that licensed UK casino sites are not only safe but offer the highest quality service possible. Of course, some sites are better than others, which is why we test and review them all. However, in general terms, a licensed online casino is a safe…

Shares of casino companies with properties in Macau were trading higher Tuesday, following news that China would ease Covid-related border restrictions on international travelers. At 1:41 p.m. ET, the American depositary receipts of Melco Resorts & Entertainment Ltd. were up 7.8% at $12.04. The ADRs are up about 18% for the year.

Two prominent casino company CEOs said Tuesday they're happy that Southern Nevada is pacing a record industry rebound, but they remain wary of economic uncertainties that could put a dent in the future. Derek Stevens, owner of downtown Las Vegas' Circa, and Craig Billings, the newest person to hold the position of CEO of Wynn Resorts Ltd., kicked…

Macau casino stocks have taken a beating so far in 2022, but the selling pressure has intensified in recent days. On Tuesday, Bank of America analyst Shaun Kelley highlighted at least four reasons investors are dumping Macau stocks. Reasons For The Sell-Off: For the past year, Kelley has repeatedly discussed the "three C's" weighing on Macau…