Speculation regarding sports wagering industry mergers and acquisitions activity, peculiarly on the operator side, remains intense and some analysts believe deal-making could perk up as 2023 progresses. In a Mon mention to clients, Lewis Henry Morgan Francis Edgar Stanley analysts observed that over the past times sevener years, revenue for…
DraftKings (NASDAQ: DKNG) could be on rate to accomplish some long-awaited financial objectives this year, potentially stoking more upside inward the already raging stock. In a promissory note to clients today, Jefferies analyst St. David Katz pointed come out that DraftKings could bring forth positively charged earnings before interest, taxes,…
With the Macau recovery proving stronger than many analysts and experts forecast, Las Vegas Sands (NYSE: LVS) ranks as one of 2023’s best-performing gaming equities, and its 17% win is easily in the lead of major equity benchmarks. At least ace analyst sees more upside inwards the offing for…
Shares of Wynn Resorts (NASDAQ: WYNN traded modestly higher Monday after a sell-side psychoanalyst lifted his toll direct on the stock, citing a strong rebound in Macau gross gaming revenue (GGR). In a mention to clients Monday, JP John Pierpont Morgan analyst Joseph Greff boosted his damage forecast on the…
Flutter Entertainment (OTC: PDYPY) is tightlipped to hiring a new chairman and that candidate’s ground could signal the gaming companionship testament smithy in advance with plans to listing its stockpile inwards the US. The FanDuel parent is reportedly inwards discussions with John the Evangelist Bryant regarding the chairman role,…
Crypto change Beaxy suspended its trading operations Wednesday, citing “an uncertain regulatory environment.” That’s after the US Securities and Exchange Commission (SEC) filed civic charges against founding father Artak Hamazaspyan for securities fraud. He is alleged to feature raised $8 one thousand thousand inward an unregistered offering of the…
With casino traffic and consumer disbursal on gaming proving resilient, there’s a grammatical case for shares of expansion slot political machine manufacturers. That’s the occupy of Macquarie psychoanalyst Chad Beynon, who in a young describe to clients, highlights several well-known names in the industry, including International Game Technology…
UBS is acquiring competition Swiss bank Credit Suisse for $3.25 billion in a transaction that some experts say is really a bailout, but it may non harm Nagasaki’s efforts to procure funding for casino-resort plans. Last year, Nagasaki Governor Kengo Oishi mentioned Credit Suisse as among the potency…
Flutter Entertainment (OTC: PDYPY) is based in Irish capital and its gillyflower trades in London, but analysts and professional person investors believe the gaming company’s US exposure can supporting to a greater extent upside inward the shares. The volume of the operator’s US footprint its attributable to its…
DraftKings (NASDAQ: DKNG) was slapped with a federal division activeness suit this week related to to tumbling values of the non-fungible tokens (NFTs) offered on the company’s DraftKings Marketplace. An NFT is a unit of data stored on the blockchain. NFTs can buoy be applied to various digitized items,…