5359 stories by Todd Shriber
Caesars, MGM Earn Rave Reviews from JPMorgan on Las Vegas Recovery
It's not 2019, but things are getting back to normal on the Las Vegas Strip, and that's good news for the two largest operators there -- Caesars Entertainment (NASDAQ:CZR) and MGM Resorts International (NYSE:MGM). Some Wall Street analysts are increasingly bullish on...
Bally’s Could Be Comeback Kid Among Gaming Equities
Bally's (NYSE:BALY) stock was hot until it wasn't. It's still up 9.54 percent year-to-date, but it's off 28.54 percent from its March highs. Though mired in a slump, Bally's remains one of Wall Street's favored gaming ideas on the basis of margin...
NeoGames Stock Continues Ascent, Analyst Forecasts More Upside
Higher by a jaw-dropping 47.26% over the past month, NeoGames (NASDAQ:NGMS) stock is quietly one of the best-performing gaming equities this year. One analyst believes the internet lottery provider will continue its bullish ways. In a note to clients today, Stifel analyst...
Skillz Stock Not Yet in AMC, GameStop Territory, But Still Prime Short Squeeze Candidate
Skillz (NYSE:SKLZ) hasn't yet reached the rarefied air of meme stocks such as GameStop (NYSE:GME) and AMC Entertainment Holdings (NYSE:AMC). But the mobile games platform provider has some of the same ingredients that drove those names to big gains and notoriety. Skillz...
Sportradar Pulls Plug on Horizon SPAC Transaction, Mulls Standard IPO
Sportradar and special purpose acquisition company (SPAC) Horizon Acquisition Corp. II (NYSE: HZON) are reportedly ending merger talks. The sports betting data provider is opting to pursue a conventional initial public offering (IPO). Talks between the Swiss company and the SPAC founded...
Caesars, Golden Entertainment, MGM Highlighted by Analyst Favoring US Gaming Stocks
The US is the place to be when it comes to winning gaming equities, as one analyst is extolling the virtues of names such as Caesars Entertainment (NASDAQ:CZR), Golden Entertainment (NASDAQ:GDEN), and MGM Resorts International (NYSE:MGM). In a note to clients today,...
Guangdong COVID-19 Border Protocols Problematic for Macau Concessionaires, Says Bank
A recent surge in coronavirus cases in Guangdong, the Chinese province closest to Macau, is prompting stricter border controls. It could be the latest issue to weigh on the casino center's still slow rebound. Since the start of this month, more than...
Skillz Aarki Acquisition Draws Praise from Analysts, Investors
Skillz (NYSE:SKLZ) stock surged 17.26 percent this week, thanks entirely to a 27 percent gain on Wednesday. The move came on news the mobile games company is buying internet advertising firm Aarki for $150 million in cash and stock. It's the esports...
Las Vegas Sands CEO Goldstein Frustrated by Macau Lethargy, Still Wants US Exposure
Las Vegas Sands (NYSE:LVS) CEO Rob Goldstein is disappointed by the sluggish rebound in Macau, but adds the company remains bullish on the world's largest casino center long-term. In remarks made at the virtual Bernstein Annual Strategic Decisions Conference earlier this week,...
Pansy Ho Continues Trimming MGM Stock Stake, Now Below One Percent
Pansy Ho, co-chairperson at MGM China Holdings Ltd., continues paring her stake in MGM Resorts International (NYSE:MGM). She now owns less than one percent of the US casino giant. In a series of sales spanning May 26 through May 28, Ho sold...
