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Endeavor OpenBet

Scientific Games Selling OpenBet to UFC’s Endeavor Group for $1.2B

Scientific Games (NASDAQ:SGMS) is selling its OpenBet sports wagering business to Endeavor Group Holdings, Inc. (NYSE:EDR), the parent company of the Ultimate Fighting Championship (UFC), for $1.2 billion in cash and equity. Under the terms of the agreement, Los Angeles-based...

Todd Shriber September 27, 2021

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SG Lottery

Scientific Games Will Retain Minority Stake in SG Lottery IPO

Scientific Games (NASDAQ:SGMS) said that if an initial public offering (IPO) for its SG Lottery unit materializes, it will sell the majority of that...

Todd Shriber September 24, 2021
Wynn stock

Las Vegas Sands, Wynn Lure Retail Traders as Stocks Slump

Amid the specter of intensifying regulatory scrutiny in Macau, Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are two of the worst-performing gaming stocks...

Todd Shriber September 23, 2021

New Orleans Casino Revenue Tumbles in Hurricane Ida’s Wake  

Battered by Hurricane Ida, New Orleans casinos made less money combined in August than the same month one year earlier. New Orleans-area casinos brought...

Larry Henry September 19, 2021