5456 stories by Todd Shriber
Century Casinos, Full House Get Rocky Mountain Highs as Colorado Lifts Betting Limits
Smaller gaming companies with Colorado footprints, namely Century Casinos (NASDAQ:CNTY) and Full House Resorts (NASDAQ:FLL), rallied Wednesday after Centennial State voters signed off on allowing casinos to raise per-hand betting limits on table games. On Election Day, Colorado voters approved Amendment 77....
DraftKings, Buoyed by Election Results, Has Ample Catalysts, Says Credit Suisse
DraftKings (NASDAQ:DKNG) stock is shaking out of what's been a lengthy funk. The stock soared Wednesday after several states on Election Day joined the roster of legal sports wagering locations. Just over two hours into the trading day, DraftKings is higher by...
PlayUp Raises $25 Million, Targeting US Sports Wagering Market
Australian gaming company PlayUp said it raised $25 million in an equity offering. These proceeds will be used for the operator's US expansion plans. The developer of Australia's first daily fantasy sports (DFS) platform, Sydney-based PlayUp said the capital raise was over-subscribed....
Everi Earnings Excite, Analyst Says Stock Has Double Potential
Everi Holdings (NYSE:EVRI), the maker of gaming machines, delivered better-than-expected third-quarter results, prompting an analyst that's long been bullish on the name to up his forecasts. After the close of US markets Monday, the Las Vegas-based company said it lost a penny...
Bryson DeChambeau, DraftKings Ink First Deal Between PGA Player, Online Gaming Firm
US Open champion Bryson DeChambeau and DraftKings announced a branding and marketing partnership today that the two sides say is the first between an active PGA tour player and a gaming company. It signals potential change among golf's reputation for usually bland...
Wynn Stock Earns Morgan Stanley Upgrade, Bank Calls it Favored Cyclical Play
Wynn Resorts (NASDAQ:WYNN) is starting November on a strong note. It's rallying on the back of an upgrade by Morgan Stanley. The bank raised its rating on shares of the Encore operator to “overweight” from “equal-weight,” while lifting its price target on...
VICI Properties Pumps Brakes on Caesars Strip Real Estate Purchase
VICI Properties (NYSE:VICI) is halting a $103.5 million transaction in which it was to acquire 23 acres of undeveloped land on the Las Vegas Strip from Caesars Entertainment (NASDAQ:CZR). But it's possible the deal will be revisited in the future. In June,...
WynnBET Lands NASCAR Betting Deal, Applies for Virginia Sports Betting License
Today, Wynn Resorts' WynnBET unit announced a multi-year national sports betting partnership with NASCAR. The casino resort is eyeing a larger scale rollout across the country in the future. The two sides revealed the deal in Martinsville, Va., home to the fabled...
Steve Wynn Scores Victory Against Associated Press in Ongoing Defamation Suit
Steve Wynn, the former patriarch of the gaming entity bearing his surname, notched a win of his own against the Associated Press (AP) Thursday in Nevada Supreme Court. The Silver State high court sided with the former casino developer in a defamation...
Tropicana Vegas Has Plenty of Tire Kickers, Fewer Check Writers, Says Carlino
There's ample interest among potential buyers for the Tropicana Las Vegas. But whether those flirtations result in credible offers for the iconic venue remains to be seen. As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. Penn National Gaming...
