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PreMarket Prep Stock Of The Day: GAN Limited
Thursday, May 28, 2020 - 2:20pm | 558Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Why Monarch Casino & Resort's Stock Is Trading Higher Today
Wednesday, May 27, 2020 - 12:28pm | 206Read More...Monarch Casino & Resort (NASDAQ: MCRI) shares are trading higher on Wednesday, after SunTrust Robinson Humphrey initiated coverage on the stock with a Buy rating and announced a price target of $50 per share. Monarch Casino & Resort is engaged in providing exceptional services as well as...
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MGM Resorts International Could Take 4-6 Years To Recover, BofA Says In Downgrade
Thursday, May 21, 2020 - 10:39am | 342Read More...MGM Resorts International’s (NYSE: MGM) core revenue growth was anemic even before the coronavirus outbreak, and a recovery has now become even more challenging, according to BofA Securities. The MGM Resorts Analyst Shaun Kelley downgraded MGM Resorts International from Neutral to...
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Susquehanna Bullish On DraftKings, Says Sports Betting Will 'Snap Back'
Thursday, May 14, 2020 - 2:44pm | 413Read More...Online gambling company DraftKings Inc (NASDAQ: DKNG) is the first pure-play online gambling company in the U.S. with the scale necessary to conquer the growing market, according to Susquehanna Financial Group. The DraftKings Analyst Joseph Stauff initiated coverage of DraftKings with a...
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Boyd Gaming Vs. Penn National: Which Stock Is The Better Casino Rebound Trade?
Monday, May 11, 2020 - 3:16pm | 828Read More...Casino stocks have had a rough year in 2020 due to coronavirus (COVID-19) shutdowns. However, some long-term gambling bulls believe business will get back to normal for gamblers as soon as casinos reopen. Two of the most popular regional U.S. casino operators are Boyd Gaming Corporation (NYSE: BYD...
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Low $40s Are Good Entry Point For Las Vegas Sands Shares, JPMorgan Says In Upgrade
Thursday, April 23, 2020 - 11:33am | 319Read More...Shares of Las Vegas Sands Corp. (NYSE: LVS) have underperformed an underperforming sector and seem attractive in the low $40s range, according to JPMorgan. The Las Vegas Sands Analyst Joseph Greff upgraded Las Vegas Sands from Neutral to Overweight and set a $52 price target. The Las Vegas...
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Wynn Resorts CEO Says Casino Prepared To Reopen In May With Thermal Cameras, Social Distancing
Monday, April 20, 2020 - 12:54am | 273Read More...Wynn Resorts, Limited (NASDAQ: WYNN) CEO Matt Maddox said in a Nevada Independent op-ed Sunday that the Las Vegas Strip, where casinos have been closed since March due to the coronavirus pandemic, should reopen in mid-to-late May. Maddox called for the reopenings to occur with safety...
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Sportsbooks Are Letting You Make Bets On The Weather
Monday, March 23, 2020 - 8:15am | 416Read More...It’s no secret sportsbooks across the globe have had their betting offerings decimated by the novel coronavirus pandemic. The NBA, NHL and MLB have all suspended and postponed their regular seasons. Globally, soccer, rugby and cricket clubs have had their competitive activities...
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Penn National Gaming Shares Surge After Buying Stake In Barstool Sports
Wednesday, January 29, 2020 - 1:34pm | 481Read More...Penn National Gaming, Inc (NASDAQ: PENN) shares surged on Wednesday following news it has agreed to buy a stake in publisher Barstool Sports Inc. for $163 million. Penn National, a casino operator, plans to take a 36% stake in Barstool Sports, which produces sports media and live events, according...
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Sports Betting Now Available At Select B-Dubs Restaurants: What You Need To Know
Friday, September 6, 2019 - 11:08am | 363Read More...MGM Resorts International (NYSE: MGM) is teaming with restaurant chain Buffalo Wild Wings to jointly offer sports betting where it's legal to do so through Roar Digital's BetMGM digital gaming platform. What Happened Roar Digital, the joint venture between MGM Resorts and U.K.-based...
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Las Vegas Casinos Facing Sports Betting Competition In The Garden State
Tuesday, September 3, 2019 - 11:43am | 290Read More...New Jersey is ready to overtake Las Vegas as the sports betting capital of the U.S., according to The New York Post. The state, with help from the NFL, is poised to take the lead in newly legal sports betting, the tabloid said. "Indeed, it only took 11 months for New Jersey to...
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'The NFL Is More Popular Than Ever': DraftKings CEO Talks Explosive Sports Betting Growth
Monday, August 19, 2019 - 2:09pm | 609Read More...DraftKings' sports betting launch in New Jersey has been immensely successful and the company is eyeing consistent growth as it launches into more states. Since the company launched legal sports betting in New Jersey in August of 2018, CEO Jason Robins says the state now makes up nearly a third...
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Genting Buys Out Empire Resorts At 15% Premium
Monday, August 19, 2019 - 10:41am | 370Read More...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...
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They're In The Hole! Sportsbooks Lose Big On Tiger's Masters Win
Monday, April 15, 2019 - 12:01pm | 824Read More...Tiger Woods threw up his arms and joined a jubilant Masters crowd in celebrating his win Sunday, easing 14 years of injury- and scandal-related frustration since his last win at Augusta. But while Woods roared and his fans went wild, the burgeoning American sportsbook industry felt like it just hit...
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Caesars Partners With DraftKings To Boost Sports Betting
Monday, February 25, 2019 - 4:57pm | 403Read More...One of the biggest names in casinos is laying down odds that sports betting will be big business, with Caesars Entertainment Corporation (NASDAQ: CZR) saying Monday it will take an equity stake in DraftKings, an emerging leader in the new sports gambling arena. What To Know DraftKings, which...
