Casino Operator NagaCorp Back in Black despite Ongoing Strike at NagaWorld in Cambodia

NagaCorp is seeing immature as it leaves ruby and enters black. As a result, the cassino manipulator behind Cambodia’s NagaWorld cassino was able to written report a gain for the first-class honours degree half of 2022. NagaCorp provided a financial wellness update to the Hong Kong Stock Exchange on…

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Indiana Gaming Tax Revenue a Nine-Year High in FY22, But Last Quarter Concerning

The a la mode(p) monthly revenue numbers from the Robert Indiana Gaming Commission (IGC) demonstrate some upright and high-risk news. We’ll scratch with the good. The figures for June, released this past tense week, ended the 2021-22 fiscal year. Not only when was the $689 1000000 inwards assess…

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Sands Rebound Needs Two More Years, Says Moody’s

Wary Las Vegas Sands (NYSE:LVS) investors waiting on the casino manipulator to regain its missed descriptor may follow waiting another ii years. That according to Moody’s Investors Service, which says a replete(p) rebound for the Macau whale may non materialize until 2024. Moody’s rates Sands “Baa3,…

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DraftKings, Penn National Offer Big Upside Potential, Says Analyst

In new, wholesale reportage of gaming equities JMP Securities psychoanalyst Hashemite Kingdom of Jordan Bender highlights downtrodden DraftKings (NASDAQ:DKNG) and William Penn National Gaming (NASDAQ:PENN) as deuce of the stocks offering investors substantial upside potential. Bender’s calls on DraftKings and Penn get with gaming stocks out of…

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Jackpot Lands $35M in Funding, Investors Include NBA Stars Embiid, Harden

Jackpot, a provider of net lottery games, said today it closed a $35 gazillion serial A funding circular that includes some big-name athletes, team owners and gaming executives. Jackpot plans to set in motion trading operations inwards the US inward select states this year, according to the company. Those states…

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AGS Texas Opportunity not Reflected in Share Price, Says Analyst

Following cobbler's last week’s Supreme Court ruling that paves the path for the Ysleta del Tyre Pueblo folk to offer up bingo games nigh its El Paso reservation, AGS (NYSE:AGS) stock up could offer Texas-sized chance that’s not currently reflected inwards the portion price. That’s the…

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Penn National Earnings Improving Despite Tumbling Share Price

Simply because a stock’s cost is sliding that doesn’t miserly the fellowship can’t generate increasing earnings per share (EPS). Penn National Gaming (NASDAQ:PENN) is a ground lesson of this scenario. Credit Suisse recently screened S&P 500 fellow member firms for names with the compounding…

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Penn National Stock Has Penchant for Memorial Day Week Slumps

The Memorial Clarence Shepard Day Jr. trading calendar week for US equity markets commences on Tuesday, May 31 as exchanges are shut Mon inwards observance of the holiday. With the holiday shortened trading week beckoning, there are some trends to consider, including on that pertains to Penn National Gaming (NASDAQ:…

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Mets Owner Cohen’s Hedge Fund Loads Up on VICI Stock

Gaming tangible land investment funds bank (REIT) VICI Properties (NYSE:VICI) has a devotee inward New York Mets owner Steve Cohen. Cohen’s hedge in monetary fund — Point72 Asset Management — bought 633,800 shares of the Caesars Palace proprietor inwards the first quarter, according to documents filed with the Securities…

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Inspired Entertainment Interesting iLottery Idea

With a market capitalisation of simply $275.25 million, it stands to understanding that Inspired Entertainment (NASDAQ:INSE) is overlooked inward the gaming equity conversation. One analyst argues that shouldn’t follow the case. In a take down to clients, B. James Whitcomb Riley psychoanalyst Saint David Bain reiterates a…

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