4982 stories by Todd Shriber
Wynn Resorts Macau Bottom Close, Inflection Point Near, Says Analyst
Shares of Wynn Resorts (NASDAQ:WYNN) are trading lower Friday, a day after the company delivered a dreadful set of third-quarter results that easily missed Wall Street estimates. But at least one analyst sees green shoots with the name. Late Thursday, Wynn said...
Apollo Global Shifts Gears, Considers Acquiring William Hill Non-US Assets
Private equity firm Apollo Global Management (NYSE:APO) is reportedly interested in purchasing William Hill's (OTC:WIMHY) non-US operations after the British bookmaker is acquired by Caesars Entertainment (NASDAQ:CZR). That's a change in strategy for the buyout giant, which less than two months ago was...
Caesars Q3 Revenue More Than Doubles, But Staggering Loss Reported
Caesars Entertainment (NASDAQ:CZR) investors may be hoping that the old maxim of “it takes money to make money” comes to pass. That's because the gaming operator said its third-quarter revenue more than doubled, while reporting a whopping per-share loss. The largest casino...
Wynn Q3 Macau Revenue Plunges, Boston, Vegas Pleasantly Surprise, More States Eyed for Sports Betting
Shares of Wynn Resorts (NASDAQ:WYNN) traded lower in Thursday's after-hours session. That's after the gaming company reported a wider-than-expected third-quarter loss on revenue that was lighter than Wall Street forecast. Dragged down by disappointing results in Macau, its most important market, the...
Twin River Pledging at Least $90 Million for Bally’s Atlantic City Enhancements
Twin River Worldwide Holdings (TRWH) executives told members of the New Jersey Casino Control Commission (CCC) this week they plan to spend at least $90 million over five years. The goal is to shore up the ailing Bally's on the Atlantic City...
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...
MGM Growth Properties Mulls Run at Las Vegas Sands Strip Assets
MGM Growth Properties (NYSE:MGP) could consider buying the Venetian, Palazzo, and Sands Convention Center if the gaming real estate investment trust (REIT) can find the right operator to partner with. On a Monday conference call with analysts and investors to discuss the...
