Full House Resorts (NASDAQ: FLL) is unlikely to earn an upgrade to its speculative credit entry rating o'er the close full term as the cassino operator’s debt levels are expected to remain elevated. That’s the take of Moody’s Investors Service, which downgraded Full House’s speculative tier…
Gaming and Leisure Properties (NASDAQ: GLPI) said today that it is paying $175 zillion for the property assets of Tioga Downs Casino Resort inward Nichols, NY. Privately held American Racing & Entertainment, LLC is merchandising the earth to the Pennsylvania-based real estate investment funds trustingness (REIT). Related to the sale,…
Some of the glitzier casino hotels on the Las Vegas Strip are getting a heave from elevated baccarat, a mettlesome that’s dear past well-heeled bettors and those visiting from the Asia-Pacific region. Driven past Las Vegas, Battle Born State casinos posted their best month on track record inwards terms…
During the mop up years of the coronavirus pandemic, Macau gambling casino concessionaires took on monolithic amounts of debt simply to stay put afloat. Tabs for some of those obligations are coming due, but those maturities are unlikely to weight down issuers. Ability to service of process corporate bonds, many…
On Sunday, the KS City Chiefs and San Francisco 49ers clinched spots in the Super Bowl. The bountiful gamy could bust records for room rates on the Las Vegas Strip, according to ace analyst. While acknowledging that comparisons 'tween the 2023 Super Bowl and Phoenix and this year’s iteration…
Sports betting data provider Sportradar (NASDAQ: SRAD) affirmed its fiscal 2023 guidance on Wednesday while notification investors that it’s organizational construction testament focussing on half dozen segments. Sportradar provides data to sportsbook operators, which is an essential section of the wagering equation, in particular as the manufacture expands in…
Caesars Entertainment (NASDAQ: CZR) said today that it’s marketing $1.5 one thousand million worth of corporate debt to qualified institutional buyers inwards a common soldier placement. Proceeds from the sale of those bonds, which matured in 2032, along with a portion of a freshly accessed $2 1000000000000 term…
International Game Technology (NYSE: IGT) rock-bottom debt inwards notable fashion, potentially positioning itself to get together direction leverage targets o'er the next several years. Supported past strong third-quarter earnings growth, the gaming device manufacturing business is expected to have got goaded earnings before interest, taxes, depreciation, and amortisation purchase to…
HG Vora, which is the largest investor inwards Penn Entertainment (NASDAQ: PENN), demanded the regional cassino reconstitute its board of directors patch claiming the current constellation violates Pennsylvania collective law. In a recent varsity letter to the gaming troupe signed by Mandy Lam, full general counsel for HG Vora, the…
Caesars Entertainment (NASDAQ: CZR) stock lagged the broader securities industry in 2023, and is scuffling to start up 2024, as highlighted past a 3.58% correct since the start of the year. While the make isn’t controversial, thither is sectionalization among analysts covering the cassino equity. Recent sell-side commentary…