Gaming engineering provider GAN Ltd. (NASDAQ:GAN) said its table of directors approved a $5 zillion divvy up repurchase program. That could be a subscribe the companionship sees value inward its downtrodden stock, which missed nearly a thirdly of its time value last month solo and is lower by 52.…
Investors sounding for contrarian ideas among gaming equities feature a veritable sideboard to take from at the moment. But Goldman Sachs highlights a bingle thought inward the group: Las Vegas Sands (NYSE:LVS). The Wall Street bank of late published a heel of out-of-consensus ideas or stocks it likes that…
DraftKings (NASDAQ:DKNG) is mired in a lengthy slump, having throw away nearly a billet of its time value o'er the past tense month. But some insiders are purchasing the dip. Filings with the Securities and Exchange Commission (SEC) indicate several DraftKings directors latterly purchased $2.6 billion worth of…
Shares of DraftKings (NASDAQ:DKNG) and Genius Sports (NYSE:GENI) are on miserable runs. But at to the lowest degree i well-known investor is using the dips inwards those names to buy more of the downtrodden equities. Cathy Wood’s ARK Investment Management, which has been a devoted purchaser of…
Churchill Downs Incorporated on Monday announced it has reached an agreement to sell more than 115 acres of land it owns at the Alexander Calder Casino inwards Miami Gardens, Fla., for $291 million. The Louisville-based gaming fellowship said in a statement that Link Logistics testament purchase the land. The accompany…
Gaming technology provider Playtech landed another takeover offer up good manners of JKO Play Ltd. — a consortium led by former Formula One squad owner Eddie Jordan. All told, Playtech, which makes software package for cyberspace casinos, web-based stove poker rooms, and online sports wagering, has ternary bids on the table.…
Atlantic City casinos endured a most hard and unprecedented 2020, and pandemic concerns lingered into 2021. But the IX gaming resorts get more than rebounded inwards the latter constituent of the year. Brick-and-mortar 144 gaming revenue (GGR) inwards Oct totaled $237.5 million. That’s a 27 percent earn on…
Casinos inwards the United States make to a greater extent than rebounded from the deepest shallows of the COVID-19 pandemic. The American Gaming Association (AGA) reports that commercial casinos experient their topper billet ever July through September. Gross gaming revenue (GGR) inwards the 31 states plus DC that feature commercial-grade…
Analysts cover DraftKings (NASDAQ:DKNG) are defending the carry today. That’s after it tumbled more than hexad percent lowest hebdomad on a glum third-quarter earnings news report and tepid revenue outlooks for 2021 and 2022. The online sportsbook operator lost $1.35 a share inward the September canton — considerably…
Third-quarter earnings season is intimately underway, and analysts are forecasting impressive reports from gaming engineering firms and twist manufacturers. Everi Holdings (NYSE:EVRI) got that lump rolling today, reporting earnings per portion of septenary cents on sales of $168.3 million. Wall Street expected earnings of quadruplet cents on revenue…