gambling stocks

Harrah's 'Not Pursuing' IPO Due to Market Conditions

Harrah's Entertainment, the world's largest casino operator, said it is "not pursuing its initial public offering of common stock at this time due to market conditions." The company had been planning a $532 million IPO, The Wall Street Journal reported. The company had been planning a $532 million IPO, The Wall Street Journal reported.

MGM Resorts May List Macau Gambling Venture in Hong Kong

MGM Resorts International (MGM) may list its Macau gambling venture on the Hong Kong stock market. MGM is a partner in MGM China holdings, a casino in a historic district of Macau, MarketWatch reported. The casino is a joint venture with Pansy Ho, daughter of Macau gambling kingpin Stanley Ho.