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DraftKings stock

DraftKings Sags as Morgan Stanley Trims Price Target, Questions Stock-Based Compensation

DraftKings (NASDAQ:DKNG) stock is trading lower Wednesday after Morgan Stanley cut its price target on the sportsbook operator. The investment firm expressed concern over...

Todd Shriber June 2, 2021
Okada Manila

Universal Entertainment Hit with CCC+ Credit Rating as Fitch Worries About Okada Manila SPAC Deal

Japanese gaming company Universal Entertainment Corp.'s (UEC) credit rating has been lowered to “CCC+” from “B” by Fitch Ratings. The research firm expressed concerns...

Todd Shriber June 1, 2021
Macau stocks

Macau Rebound Moving Along, Full Recovery Coming in 2022, Says Morningstar

Gaming equities with heavy Macau exposure are lagging their Las Vegas-centric and regional counterparts this year.  Investors are jittery are about the sluggish pace...

Todd Shriber May 24, 2021