Churchill Downs, Penn National Earn ‘Buy’ Ratings as Berenburg Starts Coverage

Berenberg analyst Zachary Silverberg initiates coverage of several gaming stocks today, telling bullish views on a quartet of well-known names inwards the group. The analyst is constructive on drawing and gaming engineering providers, such as consumer-facing, land-based operators, including John Churchill Downs (NASDAQ:CHDN) and William Penn National Gaming (NASDAQ:…

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DraftKings, Polygon Team Up on Blockchain Accord

DraftKings (NASDAQ:DKNG) is forging deeper into the cryptocurrency space, announcing today that it’s partnering with Polygon to funding debuts on non-fungible tokens (NFTs) on DraftKings Marketplace. DraftKings Marketplace latterly launched and features “curated NFT drops and supports secondary-market transactions.” The weapons platform partners with Autograph, an NFT collecting…

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DraftKings Invests in SPAC Merging with Vivid Seats

DraftKings (NASDAQ:DKNG) announced today it’s providing common soldier investiture inwards public equity (PIPE) to Horizon Acquisition Corp. (NYSE:HZAC) — the special design acquisition fellowship (SPAC) coming together with online just the ticket market Vivid Seats. Todd Boehly’s Eldridge Industries, an affiliate of Horizon’s sponsor, Horizon Sponsor,…

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Everi Brings 2021 Earnings Guidance Closer to Top End of Range

Everi Holdings (NYSE:EVRI) is tightening its 2021 earnings guidance. It’s now forecasting earnings before interest, taxes, depreciation and amortisation (EBITDA) and clear income that’s closer to the top stop of antecedently estimated ranges. The one-armed bandit machine manufacturer said it now expects full-year network income will live…

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Vacant Indiana Casino License Draws Four Bids, But Appeal Could Delay Award

UPDATED (1 pm ET 9/23) – Includes inside information at present of Premier Gaming’s proposal to the IN Gaming Commission for a Terre Haute casino. The Indiana Gaming Commission proclaimed on Wed that IV companies submitted bids to build a land-based casino inward Terre Haute. Those competing to acquire…

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Effort Underway to Support Second Cedar Rapids Casino Referendum in Eight Years

Business and community of interests leaders in Iowa’s second-biggest county are starting to advance an upcoming referendum that could land a casino eventually to the Cedar Rapids area. Earlier this month, the Linn County Gaming Association (LCGA) revealed the Little Phoebe local leaders who testament attend to on the…

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Hard Rock Northern Indiana Gets Much-Needed Certainty After Spectacle

After months of hearings, orders, and discussions, Hard John Rock Northern Indiana’s ownership issues make been settled. Florida-based Hard Rock International is taking contain of the state’s newest cassino from its partner in the venture, a companionship that has been mired in an ongoing investigating for more than…

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Tipico Launches Sports Betting App in Colorado, May Pick Denver for US Tech Hub

Tipico, a German-based sportsbook operator, had a fussy daylight inward CO Thursday. First, the fellowship proclaimed that its wandering sports betting app had been approved past the Colorado River Division of Gaming and went live statewide. The Centennial State is the endorsement US securities industry for Tipico, which has also…

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Atlantic City Casinos Prosper in July, Match 2019 Pre-Pandemic Land-Based Revenue

Atlantic City is back. After 15 months of existence dealt hard custody past path of mandatory closures and operating restrictions, the town’s Nina from Carolina casinos won nearly as practically money from gamblers cobbler's last month as they did inwards July of 2019. Land-based receipts gaming revenue (GGR) totaled…

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Encore Boston Harbor Short on Dealers, More Demand Poker Return

Massachusetts’ Encore Hub of the Universe Harbor is unable to bump sufficient dealers for its gambling casino tabular array games. That is “not at all” a surprise, presumption current conditions, according to an expert on New England gambling trends. The Rev. Richard McGowan, a finance professor at Boston College, predicts…

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