SOURCE: Paragon Financial Limited

Paragon Financial Limited

April 11, 2012 08:20 ET

Las Vegas Expected to Break All-Time Visitor Record in 2012

Paragon Report Provides Stock Research on Wynn Resorts, Limited and Caesars Entertainment Corp.

NEW YORK, NY--(Marketwire - Apr 11, 2012) - The Resorts and Casinos Industry have had an impressive first quarter. The Market Vectors Gaming ETF (BJK), which seeks to replicate as closely as possible the price and yield performance of the S-Network Global Gaming Index, is up almost 19 percent year-to-date. The Paragon Report examines investing opportunities in the Resorts & Casinos Industry and provides equity research on Wynn Resorts, Limited (NASDAQ: WYNN) and Caesars Entertainment Corp. (NASDAQ: CZR).

Access to full reports can be found at:

www.ParagonReport.com/WYNN
www.ParagonReport.com/CZR

According to a recent report by Moody's Investors Service Las Vegas in 2012 is projected to break the all-time visitor volume record of 39-plus million visitors which was set in 2007. "After suffering through a deep trough during the recession when visitor volume declined as new capacity came online, the Las Vegas recovery is under way," Peggy Holloway, a Moody's vice president - senior credit officer, said in a statement. "Hotels are benefiting from increased visitor numbers that permit higher room rates, while gaming revenues are recovering, albeit more slowly."

Paragon Report releases regular market updates on the Resorts & Casinos Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.

Wynn Las Vegas was honored as the highest ranking casino resort on Fortune's 2012 Most Admired list in the hotel, casino, and resort category. The resort moved up two spots from last year, with an overall ranking of #2 on the distinguished list. To create the list, Fortune asked businesspeople to rate companies in their own industry on nine criteria from global competitiveness to social responsibility. Wynn ranked high in several areas including innovation, people management, financial soundness and quality of services.

Caesars Entertainment Corporation recently reported financial results for the fourth quarter and year ended December 31, 2011. Net revenues for the fourth quarter of 2011 were $2,172.4 million, up $51.4 million, or 2.4%, from the year-earlier period. The increase in net revenues was due mainly to higher revenues in Las Vegas, and from our international and online businesses, including revenues related to Playtika which we acquired during the year, partially offset by a decline in net revenues at properties in the Midwest and Atlantic City.

Paragon Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Paragon Report has not been compensated by any of the above-mentioned companies. We act as independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.ParagonReport.com/disclaimer