Heading into 2024, it was widely expected that most, if not all, of the Captain Hicks Macau concessionaires would hold resumption of dividends inward an effort to fortify equipoise sheets and preserves great for government-mandated non-gaming expenditures. However, MGM People's Republic of China and Wynn Macau — the Macau arms of…
Shares of Golden Entertainment (NASDAQ: GDEN) are away 15.15% year-to-date and the stock labors 25% beneath its 52-week high, but some analysts remain bullish on the name. That mathematical group includes Truist Securities psychoanalyst Barry Jonas, who inwards a recent report to clients, initiated coverage of the Strat manipulator…
British online gambling colossus Entain is looking to offload an smorgasbord of its overseas brands as it seeks to gruntle activist investors by focusing on its core operations. Activists trust a leaner Entain would be inwards a amend place to follow sold or low up. In 2021, the troupe received…
Members of the Boyd fellowship and other high-ranking executives at Boyd Gaming (NYSE: BYD) experience late been merchandising shares of the gambling casino stock. Since February 20, Boyd insiders including Chairman Emeritus Bill Boyd — boy of the company’s founding father Sam Boyd — and CEO Keith Ian Smith sold or…
Bally’s (NYSE: BALY) announced its get on of directors has formed a special commission to evaluate the $15 per deal takeover bid floated yesterday past Standard General — the skirt fund that owns almost 23% of the cassino operator’s shares outstanding. The run was expected after Standard General, which…
Shares of Wynn Resorts (NASDAQ: WYNN) are higher past 12.8% year to date, an vantage of more than 600 groundwork points over the S&P 500. But that doesn’t mean the gaming inventory lacks economic value traits. In fact, at to the lowest degree ane analyst views…
Macau cassino operators should welfare from rising gross gaming revenue (GGR) as touristry to the gaming enclave from mainland mainland China increases, but the mental process of reducing debt could have a while. That’s according to Fitch Ratings, which said more deferred payment upgrades for the concessionaires aren’t…
A California-based potable companionship that marketed drinks for women has been ordered to pay off $14 zillion inward penalties. That’s for allegedly scamming investors and spending the proceeds on casino binges and other sumptuousness items. The She Beverage Co. describes itself on its Instagram varlet as a “celebrity-driven drinkable…
Barry Diller’s IAC/InterActiveCorp (NASDAQ: IAC) posted fourth-quarter revenue that missed Wall Street estimates, but the shares rallied Midweek due inwards constituent to the company’s large stakes inward MGM Resorts International (NYSE: MGM). The tart displace higher past the media conglomerate’s buy in arrived as MGM slumped…
It may live knockout to have Uber or Lyft rides at Harry Thomas Reid International Airport on Wednesday. That’s because sundry(a) Las Vegas rideshare drivers are threatening to strike for at to the lowest degree two hours on Valentine’s Day. The likely act stoppage hours are 'tween…