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Caesars Entertainment Gets Downgrade On Valuation, Short-Term Risks
Wednesday, November 25, 2020 - 1:06pm | 262Read More...Caesars Entertainment Inc (NASDAQ: CZR) shares are up 109% over the last six months, which has led to a downgrade on valuation and some risks ahead. The Caesars Analyst: Morgan Stanley analyst Thomas Allen downgraded Caesars from Overweight to Equal-Weight and kept a price...
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Caesars Entertainment In Talks To Buy UK's William Hill: WSJ
Monday, September 28, 2020 - 7:29am | 182Read More...Caesars Entertainment Corporation (NASDAQ: CZR) shares are trading higher on Monday after Wall Street Journal reported the company is in talks to acquire the U.K. betting company William Hill. William Hill is a bookmaker based in London, U.K. and is listed on the London Stock Exchange. Interest in...
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DraftKings Signs Deal With Chicago Cubs: What Investors Should Know
Thursday, September 3, 2020 - 8:50am | 349Read More...DraftKings (NASDAQ: DKNG) continues to make news waves with its efforts for market share gains in the growing sports betting market. What Happened: DraftKings announced it will be the first official and exclusive sports betting and daily fantasy partner for the Chicago Cubs. The multi-year deal...
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Another Sports Media-Gambling Deal As CBS Sports, William Hill Strike Deal
Tuesday, February 11, 2020 - 10:16am | 595Read More...The rush by sports betting companies and media conglomerates to work together in a new era of legal gambling continued Monday with the announcement that William Hill plc (OTC: WIMHF) and Viacom CBS Inc. (NASDAQ: VIAC) have struck a partnership. What The Deal Includes William Hill, a major...
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They're In The Hole! Sportsbooks Lose Big On Tiger's Masters Win
Monday, April 15, 2019 - 11:01am | 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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Italy ETF Walloped As 'Quitaly' Speculation Intensifies
Wednesday, May 30, 2018 - 8:59am | 563Read More...The iShares MSCI Italy ETF (NYSE: EWI) plunged Tuesday. EWI, the largest dedicated Italy exchange traded fund listed in the U.S., tumbled 5.82 percent on more than triple the average daily volume. EWI's Tuesday tumult represents essentially all of the fund's year-to-date loss, but since the...
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Despite Deteriorating Talks, Bookies See Greece In Eurozone
Thursday, June 18, 2015 - 7:31am | 345Read More...Online betting operations aren't just for sporting events. Sites like Ladbrokes and William Hill allow people to put money on the outcome of political events like important elections, major policy decisions, and now, the result of Greece's bailout talks. Bookies See Resolution Despite...
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Olympics Gambling Coming To Vegas In 2016
Friday, February 27, 2015 - 4:03pm | 499Read More...In a recent vote, the Nevada Gaming Commission approved wagering on Olympic events effective immediately. According to the Las Vegas Review-Journal, the decision was unanimous. Reasons For The Change Fox 5 in Las Vegas reported that the influx of professional athletes into Olympic...
