5082 stories by Todd Shriber
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...
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...
Golden Entertainment Stock Has Glittery Potential, According to Analyst
Golden Entertainment, Inc. (NASDAQ:GDEN) stock could be the next big thing among gaming equities. One analyst says the Strat operator is likely to report a significant earnings beat when it delivers quarterly results on Thursday. In a note to clients today, Roth...
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...
