-
Ladbrokes Owner Entain Says MGM $11B Takeover Bid 'Significantly Undervalues Company'
Monday, January 4, 2021 - 7:04am | 633MGM Resorts International (NYSE: MGM) offered to acquire its BetMGM partner, Entain Plc (OTC: GMVHY), for consideration of £8.09 billion (roughly $11.06 billion), according to a Wall Street Journal publication. Entain has rejected the offer arguing that it...
-
Portnoy Touts Barstool Sportsbook's Top Ranking In App Store
Saturday, September 19, 2020 - 3:05pm | 444Barstool Sports founder Dave Portnoy hyped the launch of The Barstool Sportsbook app late Friday via Twitter. The betting app, an offshoot of the Barstool media brand, ranked number one among sports apps after its debut. See below: #1 sports app #BarstoolSportsbook $penn GOODNIGHT pic....
-
Boyd Gaming Vs. Penn National: Which Stock Is The Better Casino Rebound Trade?
Monday, May 11, 2020 - 2:16pm | 828Casino 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...
-
Options Trader Makes Aggressive Bullish Play On Stars Group Rebound
Wednesday, June 26, 2019 - 1:23pm | 595Stars Group Inc (NASDAQ: TSG) shares are down 54.4% in the past year, but a series of unusually large options trades Wednesday morning suggests at least one trader thinks the bottom may be near. The Trades On Wednesday morning at around 9:02 a.m., Benzinga Pro subscribers were alerted to a purchase...
-
Lotteries Go Online: Former 'Shark Tank' Star Kevin Harrington Talks About LottoGopher
Thursday, September 21, 2017 - 11:42am | 1090Last year, roughly 50 percent of all adults in the U.S. played a state lottery, a recent Gallup poll revealed. While some of these people were just feeling lucky one day and decided to drop by a Rite Aid Corporation (NYSE: RAD) to place a bet, others are regulars who spend not only...
-
What Could Sheldon Adelson And Donald Trump Talk About?
Saturday, February 11, 2017 - 12:50pm | 546Las Vegas Sands Corp. (NYSE: LVS) shares jumped 1.5 percent Thursday after the Washington Post reported President Trump will be having dinner with Sands CEO Sheldon Adelson. Adelson was a major contributor to Trump’s campaign. Adelson and his wife donated a total of at least $21.2 million to...
-
Golden Entertainment Reveals Final Special Cash Dividend Of $1.71 Per Share
Friday, July 1, 2016 - 7:48am | 201Golden Entertainment Inc (NASDAQ: GDEN) revealed Friday that the final per share amount of the earlier disclosed special cash dividend would be $1.71 per eligible share. Golden Entertainment indicated on June 20 that its board had declared a special cash dividend of an aggregate of about $23.5...
-
Amaya Surges Following CEO's Offer To Acquire The Entire Company
Monday, February 1, 2016 - 2:44pm | 142Shares of AMAYA INC (NASDAQ: AYA), a Canada-based gaming and online gambling company, surged higher by more than 25 percent on Monday after the company's Chairman and CEO announced his intention to acquire all existing shares of the company and take the company private. Amaya's portfolio of brands...
-
Will Amaya's New Deal Further Open The Door For Legal Online Poker In The U.S.?
Thursday, June 19, 2014 - 2:52pm | 580It's not necessarily a winning hand, but the online poker industry was dealt some good cards recently. Last week, the owners of PokerStars and Full Tilt Poker agreed to be purchased by Canada's Amaya Gaming Group (OTC: AMYGF) for $4.9 billion. The deal between privately-held Olford...
-
Zynga Real-Money Online Gambling Comes to Facebook (FB, ZNGA)
Wednesday, July 10, 2013 - 12:44pm | 714Gambling, in both the online and physical worlds is all about generating excitement. Zynga (NASDAQ: ZNGA) hoped to generate some excitement of its own Wednesday as it prepared to unwrap its real-money gambling apps for Facebook (NASDAQ: FB) and for mobile. San Francisco-based, Zynga said that...
-
Las Vegas Sands' Sheldon Adelson: Online Gambling is Cancer and Can be Equated to Heroin
Friday, June 21, 2013 - 8:06am | 439Chairman and CEO of Las Vegas Sands (NYSE: LVS), Sheldon Adelson, said some pretty surprising comments in an interview with Bloomberg. The video for this interview can be viewed here. Online Gambling Before explaining why online gambling is cancerous, Adelson clarified his position. “I bring...
-
Annie Duke Appearing At Financial Services Committee
Wednesday, July 21, 2010 - 12:59pm | 120Professional poker player Annie Duke is set to appear at the House Financial Services Committee to testify on the subject of online gambling according to a report from Poker Player Network. She is scheduled to speak on behalf of the Poker Players Alliance (PPA), the 1.2 million member strong...
-
Kentucky To Sue Online Poker Sites
Thursday, April 8, 2010 - 11:31am | 277In a bizarre application of a century-old gambling law, the state of Kentucky is suing to recover losses incurred by its residents playing on online gambling sites - namely FullTiltPoker.com - a move that again places the online gambling controversy into the limelight. The suit is based on an...