DraftKings, Everi Among Gaming Companies on Best Places to Work List

DraftKings and Everi are among the gaming companies appearing on the 2024 variant of Energage’s “Top Workplaces USA 2024” list. For Everi, a Las Vegas-based gaming gimmick manufacturer and fintech firm, this twelvemonth marks the thirdly sequentially in which it’s appeared on the rankings. Everi, which in February…

Read this article

Koin Mobile Hits Everi with Antitrust Lawsuit Over Cashless Payments

Digital payments keep company Koin Mobile River has accused casino-supplier behemoth Everi of “abuse of its power … to dampen competition” inward the emerging cashless-payments gaming market. In an antitrust fit filed inward Nevada’s federal tribunal Friday, Koin claims Everi lawlessly forces casinos to employ its have digital payments product…

Read this article

Caesars Stock Can Shed Laggard Status

Shares of Caesars Entertainment (NASDAQ: CZR) are lour past 5.36% year-to-date. That’s a far call from the gains notched past the S&P 500 and the VanEck Gaming ETF (NYSEARCA: BJK) and the broader consumer discretional sector. On the other hand, the Harrah’s operator is upward…

Read this article

Entain Mulls Multiple Asset Sale to Placate Activist Investors

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…

Read this article

Boyd Family, Other Insiders Dump Casino Stock

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…

Read this article

MGM Provides Support to IAC Investment Thesis, Stake in Casino Giant Rises

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…

Read this article

Elon Musk’s X, BetMGM Confirm Sports Wagering Partnership

Following a late-January rumour to this effect, Elon Musk’s ex — the societal media weapons platform formerly known as Twitter — and BetMGM today confirmed they are working together. Financial terms of the sell weren’t revealed, but the partnership is the first between a i of the most trafficked societal…

Read this article

Upper Tier Las Vegas Strip Casinos Boosted by Baccarat

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…

Read this article

Sands, Wynn Among Fortune’s Most Admired Companies

Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN) again made appearances on Fortune’s World’s Most Admired Companies list. The 2024 loop of the rankings features 317 companies crossways an mixture of industries and sectors. The upper side 50 firms are ranked outright patch the rest are…

Read this article

Caesars Selling $1.5B in Bonds, Gets Access to New $2B Term Loan

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…

Read this article