Caesars Low-Quality Stock with Bear Market Rally Potential

Shares of Caesars Entertainment (NASDAQ:CZR) are sour 46.72% year-to-date, and the companionship is i of the most debt-riddled inward the gaming industry. So it fits the vizor as a low-quality gunstock in the eyes of some market observers. That dubious position could really piece of work in the…

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Golden Entertainment Stock Slump Could Be Golden Opportunity

Golden Entertainment (NASDAQ:GDEN) carry united other gaming equities to the downside lastly week, sliding 3.88%, but analysts remain bullish on the Strat operator. While the shares are off almost 13% o'er the yesteryear month, that weakness could live creating opportunity inward what some market place observers view as…

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DraftKings Wraps Up Golden Nugget Online Gaming Purchase

After months of tumbling deal prices, DraftKings (NASDAQ:DKNG) has completed its acquisition of Tilman Fertitta’s Golden Nugget Online Gaming (GNOG). DraftKings proclaimed a $1.56 1000000000 all-stock tender for GNOG cobbler's last August, when the direct was trading around $12. The target’s shares nearly doubled over the…

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Corvex Management Pushes Kindred to Consider Sale

After recently double its bet in Kindred Group, Keith Meister’s Corvex Management is pushing the Swedish gaming society to employ investment bankers and sell itself. Corvex, a New York-based activist investor, issued a statement today urging Kindred’s get on of directors to straightaway take a sale. Given recent…

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Monarch Casino Stock Tumbles on Macro Concerns, Analyst Downgrades

Monarch Casino & Resort (NASDAQ:MCRI) entered Th as I of this year’s best-performing gaming stocks. But on a unrelenting daytime for the group, the regional gambling casino manipulator joined the growing heel of slumping gaming names, as analysts downgraded the shares. Coming into today, the Atlantis Reno operator…

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Monarch Casino Shifts Focus to Reno Atlantis Following Colorado Splurge

After shelling out $400 jillion to heighten its namesake venue inward blackamoor Hawk, Colo., Monarch Casino & Resort (NASDAQ:MCRI) is turn its attention backrest to the Atlantis Casino Resort Spa — the operator’s locale inward its place marketplace of Reno. While thither obvious benefits to Monarch’s CO expenditures,…

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NFL Biggest Investor in Latest Fanatics Funding Round, MLB Involved, Too

Fanatics’ buck private marketplace valuation soared to $27 1000000000000 shoemaker's last month. That’s next a $1.5 1000000000000 funding unit of ammunition inwards which the NFL was the biggest investor. When word of the $27 billion valuation for the in camera held company emerged inwards ahead of time March,…

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Caesars Stock Could Jump as Las Vegas Occupancy Cap Fades Away

Down 18 percent year-to-date, Caesars Entertainment (NASDAQ:CZR) stock, like its gaming manufacture brethren, is slumping. However, an psychoanalyst is bullish on the casino giant on the groundwork that it appears the operator is moving toward eliminating occupancy restrictions at its Las Vegas Strip venues. In a recent take down…

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Suncity Group’s Financial Woes Continue as Vietnam Subsidiary Defaults

Suncity Group is finding its financial situation increasingly troubled. The cassino investor and junket manipulator is already dealing with a keep down of problems, but a Vietnamese subsidiary defaulting on a loan makes matters worse. Suncity has missed a lot of the traction it reinforced o'er the past tense decades.…

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Wynn Resorts Stock Has Rebound Potential, Says Research Firm

Wynn Resorts (NASDAQ:WYNN) stockpile is higher past 17 percent o'er the past times week and spell the gambling casino operator is still inwards the reddish on a year-to-date basis, some market observers believe the shares bid compelling near-term potential. Still hindered by locomote restrictions inward Macau and a recent…

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