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DraftKings stock

DraftKings Dives on Weak 2023 Forecast, Lingering Losses

DraftKings (NASDAQ: DKNG) stock tumbled in early trading Friday after the sportsbook operator issued tepid 2023 guidance, including a larger-than-expected loss. While the gaming...

Todd Shriber November 4, 2022
VICI acquisition

VICI Properties Selling Nearly 19M Shares, Could Use Cash for Acquisitions

VICI Properties (NYSE:VICI) announced today it’s selling up to 18.97 million shares of its common equity through forward purchase agreements, meaning the real estate...

Todd Shriber November 3, 2022
Fertitta Wynn

Tilman Fertitta Takes 6.1% Stake in Wynn Resorts

Tilman Fertitta’s Fertitta Entertainment includes the Golden Nugget casino empire. But the billionaire businessman is investing in rival Wynn Resorts (NASDAQ: WYNN) as well....

Todd Shriber October 31, 2022