5136 stories by Todd Shriber
Tekkorp Digital, Las Vegas SPAC, Could Merge with Caliente Interactive
Tekkorp Digital Acquisition (NASDAQ:TEKK), a Las Vegas-based special purpose acquisition company (SPAC), is reportedly in talks to merge with Caliente Interactive. The deal is rumored to be valued at $2.5 billion. The transaction, if executed, would serve as the avenue through which...
Caesars Stock ‘Undervalued’ After Recent Slide, Says Analyst
Gaming equities are slumping, and Caesars Entertainment (NASDAQ:CZR) isn't proving immune to that trend. Shares of the Harrah's operator are off 18.72 percent over the past month and are nearly 30 percent below the 52-week high, but some analysts aren't throwing in...
Mirage Sale Benefits Caesars, Wynn, Says Analyst
On Monday, MGM Resorts International (NYSE:MGM) announced the sale of the Mirage operating rights to Hard Rock International for $1.075 billion. There are potential benefits in that deal for rival gaming companies. That price tag was surprisingly high, and underscores the desirability...
Hard Rock Arrives On Las Vegas Strip in $1.07B Mirage Purchase
Hard Rock International is doling out $1.075 billion for the operating rights to the Mirage, making it the first tribal operator on the Las Vegas Strip. MGM Resorts International (NYSE:MGM) confirmed last month it was in the process of selling the gaming...
Sportradar Stock Highlighted as Sports Betting Growth Opportunity
Sportradar (NASDAQ:SRAD) doesn't book bets. But some market observers view it is one of the prime avenues for investors looking to participate in the growth of the regulated sports wagering industry. The Swiss company went public in mid-September raising $670 million in...
DraftKings NFL NFT Deal ‘Call Option’ on Stock
Last week, DraftKings (NASDAQ:DKNG) announced an accord with the NFL Players Association (NFLPA) to distribute collections of non-fungible tokens (NFTs). Some market observers see potential investment implications in the deal. Notably, the NFLPA is granting the gaming company name, image, and likeness...
Caesars, Penn National Miss Out on Nasdaq-100 Promotion
Caesars Entertainment (NASDAQ:CZR) is among the well-known gaming equities that didn't make the cut to enter the widely observed Nasdaq-100 Index (NDX). The Nasdaq-100, which is home to the 100 largets non-financial stocks trading on that exchange, underwent its annual reconstitution on...
Full House Stock Comes Up Aces on Waukegan Win
Full House Resorts (NASDAQ:FLL) stock got a major lift this week. That's after the Illinois Gaming Board (IGB) chose the operator as the winning bidder for an integrated resort project in Waukegan. On Dec. 8, the day of the IGB announcement, shares...
Red Rock Resorts Meaningfully Reduces Shares Outstanding Count in Dutch Auction
Red Rock Resorts, Inc. (NASDAQ:RRR) is significantly reducing the amount of its freely floating shares by way of a previously announced tender offer. In announcing the results of a Dutch auction today, the Station Casinos parent said more than 6.92 million shares...
Dave & Buster’s Holding Sports Betting Talks, Says CEO
Dave & Buster's Entertainment (NASDAQ:PLAY), the restaurant operator known for its wide selection of in-store games, is mulling sports betting and is holding talks to that effect. Chairman and interim CEO Kevin Sheehan made comments along those lines on the company's third-quarter...
