gaming

MGM Resorts International (NYSE: MGM) said Tuesday that it plans to sell the MGM Grand and Mandalay Bay properties to a joint venture of MGM Growth Properties LLC (NYSE: MGP) and Blackstone Real Estate Income Trust, Inc. for $4.6 billion. The Blackstone Real Estate Income Trust will...

Executives from 25 OTC-traded companies in the consumer and materials sectors recently gathered together for the largest Virtual Investor Conference of 2019. We compiled highlights from a select few that are trying to capitalize on some emerging products and asset classes in 2020. Grayscale Bitcoin...

The theory that the esports investment thesis is stronger and growing stronger amid expectations that more advertising and gambling dollars will flow to the sector is backed by data.  Such buoyant fundamentals highlight the potential of exchange traded funds, such as the Roundhill BITKRAFT...

The competition between Intel Corporation (NASDAQ: INTC)-Advanced Micro Devices, Inc. (NASDAQ: AMD) couldn't be any more heated.  'Nothing's Changed'  Intel's i9 9900K, which was dubbed the fastest gaming CPU when it was introduced in May 2017, is still the best...

The Street's reaction to Advanced Micro Devices, Inc. (NASDAQ: AMD) second-quarter report Tuesday was mixed: the stock traded lower by 8%, as investors were likely concerned with a poor outlook. CEO Dr. Lisa Su was a guest on CNBC's "Squawk on the Street" segment to discuss the...

MGM Resorts International (NYSE: MGM) is unlikely to deliver second-quarter outperformance when it reports results July 25, according to Morgan Stanley. The Analyst Thomas Allen downgraded MGM Resorts International from Overweight to Equal-weight and reduced the price target from $32 to $...

Turtle Beach Corp (NASDAQ: HEAR) has signed deals with first-round NBA draft picks PJ Washington and Kevin Porter Jr. The San Diego-based video game headset manufacturer announced the deal Tuesday, and the draft picks will join Josh Hart of the New Orleans Pelicans in creating content that...

VICI Properties, Inc. (NYSE: VICI)’s acquisition of three casino properties from Harrah’s and lease changes as part of a casino industry megadeal makes the real estate investment trust company a good play, Wells Fargo said Monday. The Analyst Wells Fargo’s Jeffrey Donnelly...

Another exchange traded fund dedicated to the fast-growing video game industry is here. As was previously noted in this space, the Defiance Future Tech ETF was to be replaced by the Defiance Next Gen Video Gaming ETF (NYSE: VIDG). VIDG made its debut on Monday. What Happened The new VIDG tracks the...

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...

Plans for Advanced Micro Devices, Inc. (NASDAQ: AMD) technology to be used in Microsoft Corporation (NASDAQ: MSFT)’s next-generation gaming console are a positive for the chipmaker, Wells Fargo said Monday. Why It's Important The use of AMD technology in the next-generation Xbox, code-...

The 24th Electronic Entertainment Expo (E3) kicks off June 11 in Los Angeles, but the news is already flowing this weekend, with many gaming companies showcasing their biggest announcements and presentations. Here’s a look at the events and stocks to watch. The Big Three Microsoft Corporation...

Bank of America remained bullish on Alphabet Inc. (NASDAQ: GOOGL) following the release of more details on Google’s new Stadia game streaming service, including prices and a November launch date. The more detailed information about Stadia shows it initially will function more like an online...

The interactive gaming industry is poised for continued growth as it moves from static purchases or rentals of games to an online model — and as broadband internet becomes faster and more widely available, Nomura Instinet said in an initiation of two gaming players. The Analyst Andrew...

A cautious stance on Advanced Micro Devices, Inc. (NASDAQ: AMD) over the past year was "obviously" the wrong call but the "table is set well" for 2020, according to Morgan Stanley. The Analyst Morgan Stanley's Joseph Moore upgraded Advanced Micro Devices from Underweight to...