#IAC

The Nevada Independent

Indy Gaming: Slot company booths teeming with activity at G2E

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz The giant football helmet adorned with the…
Gaming Authorities
Indy Gaming: Slot company booths teeming with activity at G2E
Hunt Daily News

IAC Increases Stake In MGM Resorts In Bet On Online Gambling Growth

IAC, digital media and internet service company founded by mogul Barry DillerMGM has been upped by. Resorts InternationalWe are watching the online gambling and sports betting markets grow. Between Aug. 11-23, IAC acquired shares in MGM Resorts The total amount of the investment was $41.7 million. This increased its stake to 16.5 percent in the…
Travel
IAC Increases Stake In MGM Resorts In Bet On Online Gambling Growth
Wild Casino
Best Stocks

5 Best Casino/Gaming Stocks To Buy Now

Casino stocks are classified as consumer discretionary companies because of the positive relationship between gaming, tourist expenditure, and GDP growth. Many states in the US are moving to legalize internet gambling, and established casinos and startups are racing to cash in. The Asian gambling market focused on the Chinese province of Macau, has…
Top and Best
5 Best Casino/Gaming Stocks To Buy Now
Vegas Slots Online

Barry Diller Only Receives Two-Year Nevada Casino License

Billionaire Barry Diller has received a two-year casino license in Nevada, pending the outcome of an insider trading investigation. The Nevada Gaming Commission (NGC) announced its decision to limit the license of the major MGM Resorts International shareholder on Thursday. Diller is currently under investigation by the Justice Department and the…
Land-based
Barry Diller Only Receives Two-Year Nevada Casino License
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The Nevada Independent

Indy Gaming: Three years later, no action in D.C. to raise jackpot tax threshold

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Congressional representatives and the…
Winnings
Indy Gaming: Three years later, no action in D.C. to raise jackpot tax threshold
The Motley Fool

Investing in Casino Stocks

A night at the casino might seem like an experience frozen in time -- imagine visions of James Bond or pressing your luck at the craps table -- but the casino industry is changing fast, and new developments present a unique opportunity for investors. Online gaming is becoming legal in many U.S. states, and both old-school casino chains and upstart…
Finance
Investing in Casino Stocks
The Nevada Independent

MGM Resorts still the Strip’s largest casino operator, just not its biggest landowner

Nearly a decade ago, MGM Resorts International owned much of the Las Vegas Strip. The company controlled more than 800 acres along the resort corridor, much of which housed 10 Strip resorts, the 67-acre CityCenter complex, a 33-acre concert venue and 23 acres that became The Park dining and retail space and T-Mobile Arena. "It's a good time to be…
Travel
MGM Resorts still the Strip’s largest casino operator, just not its biggest landowner
Skift

Wynn Resorts Will Unleash Online Gaming Into a Public Company

Wynn Resorts is the latest casino company to signal the future gambling capital of the world isn't Macau or Las Vegas - it's your laptop or smartphone. The gaming company behind multibillion-dollar resorts in Las Vegas, Macau, and Boston this week announced plans to take its Wynn Interactive online gaming platform public via a special purpose…
Travel
Wynn Resorts Will Unleash Online Gaming Into a Public Company
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The Street

MGM Makes Bid for Online Gambling Group Entain: Report

MGM Resorts International (MGM) - Get Report is betting on buying Entain, a U.K.-based online gambling and sports betting service, according to a report in the Wall Street Journal. Spokesmen for both Entain and MGM declined to comment on, or confirm, to TheStreet on Sunday the proposal. The Journal said its report was based on people familiar with…
Sports
MGM Makes Bid for Online Gambling Group Entain: Report
The Washington Post

MGM Has Strong Hand in U.K. Online Gambling Bid

Gambling has been one of the few areas of online activity where the U.S. doesn't dominate. Now it's catching up. The latest attempt comes in the form of an $11 billion bid from MGM Resorts International for the U.K. owner of the Ladbrokes and Coral betting shop chains, Entain Plc. The market wants an even bigger price. That shouldn't be too hard to…
Travel