5082 stories by Todd Shriber
Golden Entertainment Stock Still Has Plenty of Shine, Says Analyst
Golden Entertainment (NASDAQ:GDEN) stock is up a staggering 159 percent year-to-date. But that doesn't mean upside from here is capped, as at least one sell-side analyst sees the shares further appreciating. In a note to clients today, Deutsche Bank analyst Carlo Santarelli...
Caesars Stock Has More Upside Potential, Vegas Casino Sale in Play, Says Analyst
Caesars Entertainment (NASDAQ:CZR) stock is up 56.39 year-to-date. That's a performance many investors may believe is attributable to the company's expanding iGaming and sports wagering footprints. But it's traditional casinos driving enthusiasm for the shares. The operator is the second-largest on the...
iGaming Will See More Mergers and Acquisitions Coming, Says Analyst
The pace of mergers and acquisitions activity in the gaming industry is brisk this year. Analysts expect that to continue, with the digital realm likely be an epicenter of consolidation. At the industry level, sports betting commands plenty of attention, and it's...
Macau Casino Dividend Proposal ‘Has No Parallel’ in Established Policy, Says Law Firm
A proposal by Macau authorities that, if implemented, would require casino operators to obtain government approval prior to distributing dividends to investors has no established precedent in the special administrative region's (SAR) legal framework, according to a local law firm. Last month,...
Bill Hornbuckle Voices View on DraftKings/Entain Situation, Open to BetMGM Majority Stake
MGM Resorts International (NYSE:MGM) Bill Hornbuckle is making clear his company's outlook on DraftKings' (NASDAQ:DKNG) attempt to acquire Entain Plc (OTC:GMVHY) -- MGM's partner in the BetMGM venture. While noting MGM has “a great relationship” with BetMGM, and that the casino operator...
ARK Pares Stake in Slumping Skillz Stock
Mobile games developer Skillz Inc. (NYSE:SKLZ) is probing new lows today. That's as stocks sag and as market participants price in the fact that a major investor reduced its stake in the gaming name. On Tuesday, Cathie Wood's ARK Investment Management dumped...
VICI Properties Stock Slump Presents Buying Opportunity, Says Analyst
VICI Properties (NYSE:VICI) stock is off almost 10 percent over the past month. But that slide could present investors with an opportunity to get involved with shares of the casino landlord, according to one analyst. In a note to clients today, KeyBanc...
Esports Technologies Stock Volatile Following $75.9M Acquisition
It's not often that acquisitions valued at less than $76 million create massive turbulence in a stock. But shares of Esports Technologies (NASDAQ:EBET) are all over the map today, after the company said it's buying Aspire Global's business-to-consumer (B2C) unit for $75.9...
MGM Stock Downgraded as DraftKings’ Entain Bid Puts Casino Operator in Tough Position
MGM Resorts International (NYSE:MGM) stock is trading higher today, joining other gaming equities to the upside despite an analyst downgrade of the Bellagio operator. In a note to clients today, Susquehanna Financial Joseph Stauff cuts his rating on MGM stock to “negative”...
Portnoy Thought Penn Would Win Cosmo, Implies Bidding Process Wasn’t Fair
Barstool Sports founder David Portnoy was fairly certain Penn National Gaming (NASDAQ:PENN) would emerge victorious in bidding for the Cosmopolitan Las Vegas. But now he says the process to gain control of the plush Strip venue may not have been on the...
