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Bally's Corp. Acquires Tropicana Las Vegas For $308 Million
Wednesday, April 14, 2021 - 11:26am | 699Read More...Bally's Corp (NYSE: BALY) has acquired the iconic Tropicana Las Vegas from the real estate investment trust Gaming and Leisure Properties Inc (NASDAQ: GLPI) for $308 million. What Happened: As part of the transaction, the Providence, Rhode Island-headquartered Bally's has entered...
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Madison Square Garden Acquires MSG Networks In All-Stock Deal
Friday, March 26, 2021 - 8:25am | 510Read More...Madison Square Garden Entertainment Corp. (NYSE: MSGE) is acquiring MSG Networks Inc. (NYSE: MSGN) in an all-stock, fixed exchange ratio transaction. What To Know: MSG Networks was the first regional sports network in North America, going on the air in October 1969 with a National Hockey League...
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Las Vegas Sands Sells Venetian, Expo Center For $6.25B: What Investors Need To Know
Wednesday, March 3, 2021 - 11:30am | 373Read More...Las Vegas Sands Corp. (NYSE: LVS) is selling the Venetian Resort Las Vegas and the Sands Expo and Convention Center for approximately $6.25 billion. What Happened: The divestiture is divided between two entities: VICI Properties will acquire the property and all associated assets for $4 billion,...
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MGM Resorts International To Fully Reopen Three Las Vegas Properties
Thursday, February 18, 2021 - 12:58pm | 419Read More...MGM Resorts International (NYSE: MGM) has announced that 24/7 hotel operations will resume at three of its Las Vegas properties — Mandalay Bay, Park MGM and The Mirage — on March 3. What Happened: The decision is based on increased tourism interest in Las Vegas, the...
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Why KeyBanc Is Bullish On These 4 Casino Stocks
Thursday, January 14, 2021 - 5:30pm | 459Read More...A KeyBanc analyst has initiated coverage on seven companies in the sports betting and casino space, offering a more conservative view of the total addressable market size opportunity. 4 Gaming Picks: KeyBanc analyst Brett Andress named four stocks in the gaming space that he said are...
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Las Vegas Cannabis Delivered… Via Conveyor Belt?
Sunday, November 15, 2020 - 7:46pm | 1191Read More...This article was originally published on Weedmaps, and appears here with permission. As social distancing becomes a more entrenched part of our everyday lives, you may be thinking, "How many people do I want touching my stash?" The team behind THRIVE Cannabis Marketplace ...
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Las Vegas Sands Looks To Sell Vegas Casinos For $6B, But Analyst Isn't Optimistic
Tuesday, October 27, 2020 - 10:29am | 429Read More...Iconic casino operator Las Vegas Sands Corp. (NYSE: LVS) may be leaving the Vegas Strip, but one analyst says Sands may have a difficult time finding buyers for its Vegas properties at the current asking price. What Happened? On Monday, Reuters reported Las Vegas Sands is looking for a...
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Why Goldman Sachs Is Sidelined On Caesars Entertainment, Bearish On MGM Resorts
Monday, September 14, 2020 - 12:24pm | 549Read More...Goldman Sachs shared takes on Caesars Entertainment Corporation (NASDAQ: CZR) and MGM Resorts International (NASDAQ: MGM) Monday. Here's why the firm is neutral on Caesars and turning bearish on MGM. The Casinos Analyst: Stephen Grambling initiated coverage of Caesars...
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Musk's Boring Company Gets Approval To Expand Vegas Underground Loop Using Tesla Vehicles
Friday, August 7, 2020 - 7:25am | 333Read More...What's Happening: Report finds the Musk's The Boring Company's Las Vegas loop will expand and use Tesla vehichles for transport. Why It matters: Elon Musk is smartly leveraging his family of companies, creating an opportunity for many to experience riding in a Tesla for the...
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Green Thumb Partners With Berner's Cookies To Open Store On Las Vegas Strip
Thursday, August 6, 2020 - 12:38pm | 445Read More...Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) has teamed up with Berner’s Cookies to launch the first Nevada-based Cookies store. According to a joint announcement, "Cookies on the Strip" in Las Vegas will open within the first three months of 2021. The...
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Casino Stock Analyst Says Things Are Going From Bad To Worse In Vegas
Friday, July 24, 2020 - 11:00am | 553Read More...The initial reopening of the Las Vegas Strip went relatively well for casino operators in early June, but abysmal room rates and a second wave of the COVID-19 outbreak seems to have eliminated hope that the Vegas recovery will continue any time soon. Las Vegas Sands Corp.(NYSE: LVS) management told...
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Here's What It's Like To Visit Las Vegas During The Coronavirus Pandemic
Wednesday, July 15, 2020 - 12:00pm | 675Read More...Most, if not all, activities scheduled to take place this year have been canceled or altered due to the coronavirus pandemic. Even as some places begin to reopen, such as Disney’s (NYSE: DIS) Walt Disney World Resort, they’ve been subject to heavy backlash. That weekend Vegas getaway...
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Why Las Vegas Buffets Still Offer An 'Amazing Experience'
Monday, July 6, 2020 - 11:30am | 614Read More...The vibrant city of Las Vegas came to a halt in March, and many wondered if it would look the same once it reopened. It would be reasonable to assume that the era of packed casinos, crowded clubs and pools and people grabbing food shoulder-to-shoulder ate one of the many buffets in Vegas...
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Green Thumb Opens Fifth Essence Store In Las Vegas Area
Friday, June 26, 2020 - 9:23am | 354Read More...The owner of Rise retail stores Green Thumb Industries (GTI) (CSE: GTII) (OTCQX: GTBIF) is launching its fifth Essence store in the Las Vegas area. Essence South Durango, located at 6410 South Durango Drive in Las Vegas, is scheduled to debut on Saturday, June 27. This will be ...
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Waveseer CEO Calls Las Vegas 'An Ideal Cannabis Marketplace'
Tuesday, June 23, 2020 - 4:54pm | 497Read More...With Nevada's reopening underway, Waveseer CEO David Rosen sees Las Vegas as the place to be due to its opportunity and what he considers the ideal model to run a cannabis marketplace. "They're the best at gaming, and they're the best at cannabis regulations," Rosen said of...
