Matt Maddox, the now former chief executive director ship's officer of Wynn Resorts (NASDAQ:WYNN), sold a magnanimous slicing of his equity stakes inwards the structured holiday resort manipulator on Mon — his cobbler's last twenty-four hours on the job. He liquidated nearly 108,000 of his Wynn shares on Jan.…
Gaming equities are mired inwards multi-month slides, and Caesars Entertainment (NASDAQ:CZR) is no more exception. But some traders trust the stock is a prime of life candidate to bouncing back. Even with the do good of an epical exchange turned the intraday lows on Monday, the recent tale of…
Full House Resorts (NASDAQ:FLL) proclaimed preliminary fourth-quarter results today. The companionship indicatedrevenue for the last tierce months of 2021 should easily top what was reported inwards the year-earlier period. The accompany also said it’s significantly increasing the expression budget for its Chamonix externalize inward Colorado. The Silver Slipper…
Genting Hong Kong is veneer ail after falling in arrears inwards its financial obligations. a German court of justice testament shortly settle what happens next with the gaming company’s operations. The yesteryear couple up of years haven’t been kind to Genting Hong. It began to adorn significant monetary…
Las Vegas Strip casinos were dealt a high-risk helping hand with COVID-19. Numbers released this week by the province Gaming Control Board (NGCB) reveal just now how terrible the pandemic’s impact has been. While statewide gross gaming revenue climbed 25 percent from financial yr 2020, NV casinos incurred a…
It’s too soon inward 2022, but it’s already straighten out that there’s naval division among analysts when it comes to casino stocks. Las Vegas Sands (NYSE:LVS) isn’t immune to that trend. Still, the largest Macau operator has supporters on Wall Street, some of which are…
In a wholesale commentary on cassino stocks today, Bank of America psychoanalyst Bank of America psychoanalyst Shaun Kelley recommends focusing on character and value opportunities inwards the space. In a tone to clients, Kelley highlights at least vii gaming names, speech production bullishly on a quadruplet patch downgrading a trio.…
Video game producer Take-Two Interactive (NASDAQ:TTWO) is getting mobile games maker Zynga Inc. (NASDAQ:ZNGA) in a dealings carrying an enterprise economic value of $12.7 billion. The cash in and equity deal values the “FarmVille” producer at $9.86 a deal — a to a greater extent than 64…
Fresh turned the $2.2 1000000000000 purchase of Italy’s Sisal announced finally week, Flutter Entertainment (OTC:PDYPY) could follow on the lurch for to a greater extent acquisitions. Capital is needful for deals, and an good avenue for generating that cash in is via the much-ballyhooed spin-off, which is…
Casino tangible landed estate investment funds trusts (REITs) correspond just now a sliver of the expansive tangible demesne sector. But some investors are bullish on gaming landlords. Today, the universe of gaming REITs is comprised of just tercet companies — Gaming and Leisure Properties (NASDAQ:GLPI), MGM Growth Properties (NYSE:MGP)…