FanDuel Shells Out $71M for Beverly Hills Office

FanDuel, the largest online sportsbook operator inwards the U.S., of late paid $71 one thousand thousand for a unexampled office staff in Beverly Hills, Calif. Despite that, neither iGaming nor sports wagering is permitted inwards the state, and it could follow some clip before that changes. FanDuel acquired a…

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Bet365 Posts Loss Due to US Markets, CEO Coates Still Gets £270 Million

Big money spent on Second Earl of Guilford American expansion saw Bet365 sideslip to a pre-tax red ink of £72.6 zillion (US$93 million), according to the company’s latest filings. But it’s not unmortgaged whether the company’s publicity-shy CEO Denise Coates got the memo. She paid…

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Boyd Gaming, Monarch Casino Downgraded on Regional Gaming Concerns

Boyd Gaming (NYSE: BYD) and Monarch Casino & Resort (NASDAQ: MCRI) were downgraded amid concerns that regional casinos are cladding consumer-related lethargy. In a take down to clients, Stifel psychoanalyst Steven Wieczynski lowered his ratings on both stocks to “hold” from “buy” piece adding the “regional gaming rudimentary outlook appears…

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Caesars, MGM Preferred Picks as Las Vegas GGR Soars, Says Analyst

With the upright times rolling on the Las Vegas Strip, Caesars Entertainment (NASDAQ: CZR) and MGM Resorts International (NYSE: MGM) could live winning equity ideas for investors inwards 2024. That’s the accept of Macquarie psychoanalyst Chad Beynon. In a new study to clients, reiterated “outperform” ratings MGM and Caesars…

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Flutter Eyes Jan. 29 NYSE Listing, to Be Removed from EUROSTOXX Index

Flutter Entertainment (OTC: PDYPY) told investors it’s eyeing Monday, Jan. 29 for its debut on the New York Stock Exchange (NYSE). That proclamation follows a 20-F filing with the Securities and Exchange Commission (SEC). It’s expected that the FanDuel parent will swop inward the US below the ticker…

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SkyCity Entertainment Walks Back Revenue Forecast, May See Earnings Drop

New Zealand-based cassino manipulator SkyCity Entertainment says it anticipates its full-year operating earnings for the financial yr to either remain stagnant or step-down compared to endure year. This is a stone's throw backwards from earlier counselling that projected revenue improvements. The company, which owns casinos in New Zealand and Australia,…

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VEGAS MYTHS BUSTED: Las Vegas is the World’s Gambling Capital

What happens in Macau ostensibly stays there, too, because few Las Vegas admirers actualise that this Chinese metropolis has been the gaming cap of the reality for 15 of the last 18 years. Sin City began playing endorsement urban center inwards annual gambling revenue inwards 2006, when Macau — the only…

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888 Holdings Refused $890M Playtech Takeover Offer

William Hill proprietor 888 Holdings Plc (OTC: EIHDF) reportedly turned outside a nearly $890 one thousand thousand takeover bid from Playtech (OTC: PYTCF) inwards July. Citing unidentified sources, The Billy Sunday Times reported 888 and Playtech discussed a sell inwards July with the wooer potentially eyeing combine the direct with…

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LVS Says It’s Not Pursuing Major Loans for Marina Bay Sands Expansion

Reports surfaced Th that Las Vegas Sands (NYSE: LVS) is seeking upward to $7.5 one million million inward loans to finance enhancements and elaboration at Marina Bay Sands in Singapore. However, the gaming company denied it is looking for for capital. In local currency terms, loans of that sizing…

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Elys Game Technology Rallies on DC, US Expansion Plans

Shares of Elys Game Technology (OTC PINK: ELYS), a gaming engineering provider, rallied Tues after the companionship said it will supply a third retail sportsbook in Washington, DC, adding that it plans to spread out into several states. The fellowship provides sports betting kiosks to businesses such as bars and…

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