#Barstool Sports

Penn Live

Online gaming profits soar at Hollywood Casino while live slot and table play declines

Hollywood Casino at Penn National Race Course's parent company, Penn Entertainment, made a third-quarter profit of $123.5 million. The company expects to remain profitable in 2023. Internet gambling and sports betting is driving the company's revenues. Live slot machine revenue at the Grantville property fell by 12% in September. New casinos are planned for Pennsylvania. Bally’s Corporation of Providence, R.I., in partnership with businessman Ira Lubert”s SC Gaming, is moving on a tentative agreement to build a $ 123 million casino at Nittany Mall.
Industry
Investor Place

Ranking the 3 Top Casino Stocks to Buy From Best to Worst

Casino stocks have seen a steep drop this year due to record inflation and recessionary fears. The sell-off created multiple opportunities to pick up casino stocks at multi-year lows. The pandemic was a blessing in disguise for some of the leading casino operators across the globe to rethink their business models.
Finance
Yabby
Golden Casino News Golden Casino News 3 days
@GoldenCasinoNws

Maryland: Barstool Sportsbook by PENN Entertainment Goes Live

Maryland: Barstool Sportsbook by PENN Entertainment Goes Live
Gambling Insider Gambling Insider 1 day
@G_Insider

DWG and DraftKings continue partnership for Michigan launch

Focus Gaming News Focus Gaming News 20 hr
@FocusGamingNews

#DesignWorksGaming extends #partnership with @DraftKings to Michigan The new agreement will allow DraftKings players in Michigan to play DWG’s gaming titles.

#DesignWorksGaming extends #partnership with @DraftKings to Michigan

The new agreement will allow DraftKings players in Michigan to play DWG’s gaming titles.
The Street

Controversial Las Vegas Casino Operator Plans Huge Expansion

Las Vegas has become more than the Las Vegas Strip. New players have built downtown Las Las Vegans and other parts of the city into tourist draws. Circa has shown that you can bring a Strip-like destination to Fremont Street and attract upscale patrons. Dream Resort has begun construction near the airport, while Penn Entertainment has released plans to build a huge expansion of its M Resort.
Land-based
Review Journal

Global Gaming Expo returns to Las Vegas with supermarket of new casino toys, ideas

Global Gaming Expo returns to Las Vegas this week. More than 18,000 attendees from more than 105 countries are expected. London-based IGT will have the largest booth at 19,710 square feet. The expo features more more that 70 panels and educational sessions. The first G2E was held in Las Las in 2001. It's the trade show that is the prime draw. There will be sessions of relevance to all commercial casino operations and issues of importance to the more. than 500 tribal casinos in operation across the country. On Wednesday, CNBC correspondent Contessa Brewer will interview Wynn Resorts CEO Craig Billings, FanDuel CEO Amy Howe, Bally’s Corp. Chairman Soo Kim, DraftKings CEO Jason Robins and Circa CEO Derek Stevens.
Sports
Global Gaming Expo returns to Las Vegas with supermarket of new casino toys, ideas
Super Slots Casino

$6,000 Welcome Bonus

Players can claim the SUPER300 bonus code on their first three deposits only. The minimum deposit amount required to redeem each bonus code is $25. This bonus is not valid in the Live Dealer Casino. The deposit plus bonus amount is subject to a 45X playthrough requirement before any winnings can be withdrawn.
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Bankrate

Investing In Casinos And Online Gambling: Key Things To Know

The casino industry has been hit by two major developments in the last few years. The advent of online gaming and the emergence of the COVID pandemic created serious challenges for the industry. However, 2022 has seen the casino's revenue rise. American gaming industry is poised for a second straight year of record revenue.
Sports
Investing In Casinos And Online Gambling: Key Things To Know
The Nevada Independent

Legal changes make Colorado an enticing casino market for Nevada operators

Nevada's major gaming companies avoided Colorado for nearly two decades. The state's casinos were legalized in the historic mining towns of Black Hawk, Central City and Cripple Creek. Las Vegas and Reno's gaming firms invested millions to change the perception of the Colorado casino communities. Colorado's mountainous rural casino towns have turned the state into one of top 15 gaming revenue-producing regions. Sports betting legalization in 2021 helped make Colorado a market that gaming operators could no longer ignore. In Blackhawk, three properties account for more than 1,300 hotel rooms, roughly 85 percent of market.
Industry
Legal changes make Colorado an enticing casino market for Nevada operators
The Nevada Independent

Indy Gaming: Slot companies’ proposed merger briefly fires up investors

The investment community was abuzz over a potential merger between two rival gaming equipment suppliers. The fervor lasted less than 12 hours. Inspired Entertainment offered AGS $10 per share, but AGs rejected the offer. Stifel Financial gaming analyst Jeffrey Stantial wrote that the merger is unique in that there is no overlap between the two companies product-wise. Truist Securities gaming analysts Barry Jonas said Inspired is focused on its European business, while AG's is concentrated in the North American gaming market. AG went public in 2018 at an initial price of $16 per shares.
Finance
Indy Gaming: Slot companies’ proposed merger briefly fires up investors
Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.
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Gaming Intelligence

Light & Wonder adds Konami content to US iGaming platform

Light & Wonder has expanded its OpenGaming platform in the United States. Barstool Sports and Golden Nugget customers in New Jersey are among the first to have access to Konami's online games. Scientific Games Corporation (NASDAQ:SGMS) closed 1.10% lower at $56.75 per share in NY Wednesday.  Konami Gaming is excited about the launch of this partnership with Light &Wonder.
Industry
Light & Wonder adds Konami content to US iGaming platform
Seeking Alpha

Penn National Gaming: The Real Value Is In Its Casinos (NASDAQ:PENN)

Penn's stock price has declined from $46.97 on January 9th to $36.55 today. The decline is due to general jitters, inflation, Fed nerves, the Ukraine war, gas prices and the perception that pandemic stimulus checks inflated gaming at most of the nation's regional casinos. Stimulus checks going to the older demographics did not boost revenue for casinos in general. The market is bearish on consumer discretionary stocks. However, where Penn is concerned, much of dip has come out of profit taking. In 2021, Penn's share price reached $115. It's possible that the stock will reach $100 in early 2021.
Finance
Penn National Gaming: The Real Value Is In Its Casinos (NASDAQ:PENN)
SportsBetting Casino

50% bonus up to $1,000

SportsBetting.ag is your ‘top spot’ for the best in sports betting excitement. No matter what your favorite game might be you’ll find it on the board along with a huge variety of sports and betting options.
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The Motley Fool

Investing in Casino Stocks

The casino industry is changing fast. Online gaming is becoming legal in many U.S. states. Macau is the largest gambling market in the world. The island will be reopening in 2022. Casino stocks are considered consumer discretionary stocks. They operate like hotels, relying on room occupancy and conventions for revenue. Spending on gambling and tourism is correlated with the overall health of the economy.
Finance
Investing in Casino Stocks
Yogonet

Evolution launches first Michigan live casino studio with 9 operators

Evolution launched its first live casino studio in Michigan on Thursday. Nine operators went live from the launch. It is the company's 11th live studio worldwide. The studio is equipped with the same functions as the existing New Jersey and Pennsylvania studios. Evolution is committed to the new Michigan market. They launched games from their NetEnt brand with all operators in the market opening in January. More games and game shows will be added to it later this year. There are plans to launch dedicated, exclusively branded tables for some operators.
Live Gambling
Evolution launches first Michigan live casino studio with 9 operators
Bettors Insider

The Casino File: A new Hollywood Casino opens in Berks County; Live! Pittsburgh introduces new amenities

Hollywood Casino Morgantown in Caernarvon Township, Pennsylvania, is scheduled to open on December 22. The new casino is owned by Penn National Gaming of nearby Wyomissing. It cost $111 million and features 750 slot machines and 30 table games. There is also a Barstool Sports-branded sports book and three dining outlets. The restaurant menu includes Tony Luke's cheesesteak, Red Lotus Asian Kitchen and Bar 76.
Sports
The Casino File: A new Hollywood Casino opens in Berks County; Live! Pittsburgh introduces new amenities
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Pokerfuse

DraftKings' Licensee Hollywood Takes 40% of Record $100 Million Month in PA Online Casino

October was a record month in the Pennsylvania online casino market. Hollywood Casino, which operates with DraftKings, BetMGM PA, and Barstool Sports, took 40% of the market, Rivers-Philadelphia with operating partners including Borgata Casino and BetRivers generated about $26.2 million. Valley Forge Casino with FanDuel and Stardust Online Casino grabbed about 19% with $18.8 million in October.
Sports
DraftKings' Licensee Hollywood Takes 40% of Record $100 Million Month in PA Online Casino
KMVT

Evolution launches new dedicated US live online casino studio for Penn National

Evolution has created a custom, dedicated live online casino studio in New Jersey for Penn Interactive. The studio is named Barstool Sportsbook & Casino. It follows the launch of Bartholom live casino services from Evolution's live casinos in Michigan, New York and Pennsylvania. NetEnt's online slot games are live on Barinthol Sportsbooks in the states of Michigan and New Jersy, with a West Virginia launch planned for later this year. Red Tiger slots are planned to launch in Q4 2021 in Michigan.
Live Gambling
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New Jersey Online Gambling

NJ Collecting More Taxes From Online Casinos Than Brick-And-Mortar

NJ collects more taxes from online casinos than from the Atlantic City casinos. Sports betting is a less lucrative industry for New Jersey than gambling. The state took in $1 billion in bets in a single month. More than 90% of that figure came from mobile sports betting. The other 10% came in the form of 8.5% tax on revenues from retail sportsbooks.
Finance
NJ Collecting More Taxes From Online Casinos Than Brick-And-Mortar
The Toysmatrix

Unveiling the newly rebranded Hollywood Casino at the Meadows

The rebranded Hollywood Casino at the Meadows was unveiled. The unveiling was followed by various celebrations on the racetrack and casino floor. Upcoming events include concerts with local bands, free giveaways, hourly lucky draws, and fireworks.
Sports
Unveiling the newly rebranded Hollywood Casino at the Meadows
Gaming Intelligence

Evolution launches dedicated live casino studio for Penn National

Evolution has created a dedicated live online casino studio for Penn National Gaming in the United States. The studio is called Barstool Sportsbook & Casino and is located at Evolution's live casino production studio in New Jersey. Evolution also provides NetEnt slot games to BarStool in Michigan, New York, Pennsylvania and West Virginia. Evolution shares were trading marginally lower at SEK1,304.00 per share in Stockholm on Thursday morning.
Live Gambling
Evolution launches dedicated live casino studio for Penn National
Market Screener

launches new dedicated US live online casino studio for Penn National

Evolution launches a custom, dedicated live online casino studio in New Jersey for Penn Interactive, a wholly owned subsidiary of Penn National Gaming, Inc. The studio is named Barstool Sportsbook & Casino. It follows the launch of BarStool live casino services from Evolution's live casinos in Michigan, New York and Pennsylvania. Evolution brand NetEnt's online slot games are live on Bar stool in those states and in West Virginia later this year. Red Tiger slots are planned for a Q4 2021 launch in the states of Michigan and New Jersy.
Live Gambling
launches new dedicated US live online casino studio for Penn National
Casino News Daily

Penn National Gaming Announces NY Deal With Rivers Casino

Penn National Gaming announced a 20-year partnership with Rivers Casino & Resort in Schenectady, New York. It will provide it with access to the New Yorkers mobile sports betting and online casino market. The company is also interested in the state's sports gambling market and wants to expand its business there.
Land-based
Penn National Gaming Announces NY Deal With Rivers Casino
Investor Place

3 Gambling Stocks Ready to Ride Golden Nugget's Victory

DraftKings will buy Golden Nugget Online Gaming for $1.56 billion. The deal will give DraftKings an additional 5 million customers and boost its iGaming online casino business. Penn National Gaming, Flutter Entertainment and Caesars Entertainment are gambling stocks that are riding the Golden Nugget's victory to bigger gains.
Sports
3 Gambling Stocks Ready to Ride Golden Nugget's Victory
WFMZ News

Everi and Penn National Gaming to Launch Digital CashClub Wallet® Technology at Penn National Casinos

Everi and Penn National Gaming to launch Digital CashClub Wallet at Penn's new mychoice Wallet in Hollywood Casino York in Pennsylvania. Everi's Cash club wallet is a mobile digital wallet that enables casino operators to offer cashless and contactless funding of electronic game play across the casino floor. The new installation is part of an agreement that will see my Choice Wallet introduced at all of Penn’s casino properties pending appropriate regulatory approvals. The myChoice Wallet interface will interface with the Foundation™ casino management system from Acres Manufacturing.
Sports
Everi and Penn National Gaming to Launch Digital CashClub Wallet® Technology at Penn National Casinos
Markets Insider

Acres Manufacturing's Foundation™ Technology Enables Cashless Gaming at Penn National Casinos

Acres Manufacturing's Foundation™ technology is enabling cashless gaming at the new Hollywood Casino York in Pennsylvania. Foundation will continue to be deployed at Penn National casinos pending regulatory approvals. Foundation provides casinos with real-time data from slot machines and a direct interface to the credit meter on any slot machine. John Acres, founder of Acre Manufacturing, applauds Penn's efforts to improve the player experience. Todd George, Executive Vice President of Operations at Pennsylvania National, is thankful for the partnership. For more information on Acare Manufacturing Company and Foundation, visit acresmanufacturing.com.
Sports
Acres Manufacturing's Foundation™ Technology Enables Cashless Gaming at Penn National Casinos
The Nevada Independent

Indy Gaming: Major Strip casino operators snubbing downtown Chicago gaming project

MGM Resorts International, Las Vegas Sands, Wynn Resort and Caesars Entertainment won't submit a proposal for an integrated resort in downtown Chicago. The city is considering Waukegan, Illinois, for a gaming development. Illinois has 10 casinos and more than 40,000 video gaming terminals. The state has also invested in sports betting. Chicago Landmarks Commission approved a two-story sportsbook next to Wrigley Field. It's possible that only a handful of offers will be accepted. Wurkegen is one of five locations slated for casino project as part of Illinois’ 2019 gaming expansion legislation.
Sports
Indy Gaming: Major Strip casino operators snubbing downtown Chicago gaming project
US Poker

Best Real Money Casinos in MI

As of January 2021, Michigan is home to legal online casinos. You can play real money casino games online from the comfort of your home. Michigan online poker sites have also arrived.
Sports
Best Real Money Casinos in MI
World Casino News

Evolution launches 3rd U.S. live casino studio

Evolution Gaming Group AB (publ) (EVO.ST) has received approval from the Michigan Gaming Control Board to launch live casino in the Great Lakes State on July 22, 2021. It is the company's third live casinos studio in U.S.
Live Gambling
Evolution launches 3rd U.S. live casino studio
US Bets

The Most Valuable iGaming Customers Are Doing All Forms Of Gambling

The term "omnichannel strategy" is used too often in the online casino industry. It's a catchall term for the idea of giving consumers choices and games to play. Online casinos are already catering to all types of customers. New Jersey, Pennsylvania, Michigan, Delaware, and West Virginia have legalized and implemented online casinos. iGaming is still small by comparison to legal sports betting. However, it provides more revenue for operators and governments than does sports. iCasinos will continue to be profitable.
Movies
The Most Valuable iGaming Customers Are Doing All Forms Of Gambling
Zacks

Betting on a Las Vegas Comeback

There is a shift in culture that has changed the opportunity for casino and gambling businesses around the nation. America's casinos were already back before Vegas was fully opened. The AGA reports that America’s casinos had their best quarter ever in the first three months of the year. Zacks' Travel Mega-Boom special report reveals 8 stocks expected to climb the most. It's only available until midnight Sunday, June 27. See Zack favorite travel stocks now. iReport.com. For more information, visit the Zacker Travel Megaboom website. for more details. and for details on the report, click here.
Sports
Betting on a Las Vegas Comeback
ETF Trends

Gambling ETF Hits the Jackpot with Wynn Resorts

Gambling industry-related exchange traded funds were in the black Friday. Wynn Resorts shares jumped 7.7% on Friday, while the VanEck Vectors Gaming ETF increased 3. 7%. Wynnn Resort's shares make up 3% of the underlying holdings of BJK. Penn National Gaming shares were up 8.4% as it announced its Barstool Sports partnership. The announcement comes ahead of what’s expected to be the biggest sports betting event ever, Super Bowl LV this weekend.
Winnings
Gambling ETF Hits the Jackpot with Wynn Resorts
Calvin Ayre

Will Golden Nugget follow Penn & GameStop into Parabola Land?

The capital markets are crazy. The stocks of nearly bankrupt companies are acting like vapid viral tweets. High-school graduates are day trading high-tech companies. GameStop experienced a historic short squeeze and went up 900% in three weeks to a high of $159.18. Gamestop lost $1.15 billion over the last two years. Golden Nugget is going to follow Penn & Gamestore into Parabola Land. It's like watching a wrestling match that starts off staged and gets out of control by accident.
Sports
Will Golden Nugget follow Penn & GameStop into Parabola Land?