MGM Resorts cashed inward 11 Picassos for a summate of $109 trillion via a Sotheby’s auction at the Bellagio inward Las Vegas on Saturday. The artworks were component of the MGM Resorts Fine Art Collection, which was started past Steve Wynn. MGM acquired the deeds when it bought the…
Shares of Trident Acquisitions Corp. (NASDAQ:TDAC), the special intent acquisition society (SPAC) merging with Lottery.com, are soaring again Thursday. That’s after the internet lottery retail merchant delivered bullish third-quarter revenue guidance. In midday trading, shares of the blank-check society are higher by 9 percent on volume that’…
DraftKings (NASDAQ:DKNG) proclaimed today its venture capital unit, Drive by DraftKings, is rolling out its for the first time hazard fund, next a $60 billion raise. Drive by DraftKings invests inward entertainment and sports engineering companies, among others. The stake unit of the Boston-based day-after-day fantasise sports (DFS) and…
Las Vegas Sands (NYSE:LVS) reported third-quarter results belatedly Wednesday, and the results were worse than expected. That prompted an psychoanalyst to say management should run fleetly to buyback shares inwards an sweat to reinstate investor confidence. Amid allay lingering trip restrictions in Macau, where it owns 5 integrated resorts,…
Pennsylvania gaming revenue inwards Sept topped $400 zillion for the sixth time inward the previous septenary months. The monthly statistics reveal that the state gaming industry is alive and well, winning to a greater extent from gamblers each month than it did prior to the pandemic. Gross gaming revenue (GGR)…
Since the 2018 Supreme Court ruling on the Professional and Amateur Sports Protection Act (PASPA), the investiture biotic community largely focused on the US market. But some monetary fund managers ease escort a lot to similar with international betting stocks. In a recent story on vice stocks, Robert Dunphy, senior…
Berenberg analyst Zachary Silverberg initiates coverage of several gaming stocks today, telling bullish views on a quartet of well-known names inwards the group. The analyst is constructive on drawing and gaming engineering providers, such as consumer-facing, land-based operators, including John Churchill Downs (NASDAQ:CHDN) and William Penn National Gaming (NASDAQ:…
Atlantic City casinos capped turned the end of the summer and kickoff of fall down inwards grand fashion. The nine brick-and-mortar casino floors combined cobbler's last month to win to a greater extent than $248.5 trillion in gross gaming revenue (GGR). Sept 2021 represented a nearly 11 percent increment…
Late Sunday, Aboriginal Australian gaming simple machine Aristocrat Technologies announced it’s purchasing rival Playtech in a $3.71 one thousand million transaction. That values the aim at a 58 percent premium to where it closed last Friday. At to the lowest degree I analyst believes the sell highlights potency…
Late Sunday, Aussie gaming machine Aristocrat Technologies announced it’s purchasing competition Playtech in a $3.71 one million million transaction. That values the place at a 58 percent insurance premium to where it closed last-place Friday. At to the lowest degree I psychoanalyst believes the sell highlights possible chance…