casino

Kien Huat Realty III Limited and Genting Malaysia Berhad is acquiring the remaining shares of Empire Resorts, Inc. (NASDAQ: NYNY) for $9.74 in cash per share of common stock,  The purchase price represents a premium of approximately 15% over the Aug. 16 closing price of Empire...

Caesars Entertainment Corporation (NASDAQ: CZR) is looking to sell itself for $13 per share, but billionaire investor and major shareholder Carl Icahn is willing to accept a lower offer, according to the New York Post. What Happened Caesars received an offer to sell itself to rival casino company...

Casino operator Wynn Resorts, Limited (NASDAQ: WYNN) withdrew its A$10 billion ($7.1 billion) offer to buy Australia's Crown Resorts (OTC: CWLDF) after merger discussions were leaked in media outlets, CNBC reported. What Happened Wynn Resorts was looking to buy Crown, which would give it...

Activist investor Carl Icahn and gaming operator Caesars Entertainment Corporation (NASDAQ: CZR) reached an agreement Friday on the composition of the casino operator's board of directors. What Happened Icahn confirmed a 9.8-percent stake in Caesars in February and demanded the...

Casino operator Caesars Entertainment Corporation (NASDAQ: CZR) responded Wednesday to activist investor Carl Icahn's demands for the company to explore strategic alternatives, including a potential sale of itself. Icahn's Stake Icahn confirmed prior media reports he controls a 9.8-percent...

Caesars Entertainment Corporation (NASDAQ: CZR) shares were rallying Friday in reaction to a CNBC report that billionaire activist investor Carl Icahn may have taken a stake in the casino operator. What Happened Sources close to the matter told CNBC Icahn is accumulating shares in Caesars,...

Caesars Entertainment Corporation (NASDAQ: CZR), the casino and resort operator that emerged from bankruptcy in 2017, makes for an attractive investment, according to Deutsche Bank.  The Analyst Deutsche Bank's Carlo Santarelli initiated coverage of Caesars Entertainment with a...

Steve Wynn, chairman and CEO of Wynn Resorts, Limited (NASDAQ: WYNN), said he has resigned from the gaming company he founded. What You Need To Know Wynn came under fire after a Wall Street Journal report detailed allegations of sexual misconduct that spanned decades. The report said dozens of...

Boyd Gaming Corporation (NYSE: BYD) is an owner and operator of gaming entertainment properties in multiple states. The company's Las Vegas properties are mostly located away from the tourist Strip area, and this is a good thing, according to Wall Street's newest bull analyst. The Analyst...

The Nevada State gaming control board released its November report on gaming revenue for the Las Vegas area, which showed a negative trends casino shareholders may want to monitor. What You Need To Know Data for the month of October showed that Nevada's non-restricted gaming licensees...

Casino stock are for the most part higher since the start of 2017, but the longer-term outlook in the important Macau gaming market remains a question mark. One of the most notable casino operators, Las Vegas Sands Corp. (NYSE: LVS) generates nearly half of its entire EBITDA in Macau. The Analyst...

Analysts at Deutsche Bank turned bullish on casino operator Wynn Resorts, Limited (NASDAQ: WYNN) after a reconfiguration of the casino floor in Wynn Palace to attract more visitors is showing signs of success. The firm's Carlo Santarelli upgraded Wynn's stock rating from Hold to Buy with a price...

For many investors deciding what to do with a stock that's up 50 percent in a few months is a difficult task. On the one hand, few can fault an investor for cashing in on an impressive gain but they risk selling early. Among the five S&P 500 stocks up at least 50 percent this year, CSX...

The Chinese government took casino investors on a wild ride Thursday when the imposition of new ATM transaction limits in Macau caught the market by surprise. The Drop Shares of Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE:...