#NYSE

BetMGM Announces Launch of Wheel of Fortune Online Casino PR Newswire New Wheel of Fortune Casino Mobile App now available inNew Jersey JERSEY CITY, N.J.,March 8, 2023/PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator, announced today the launch of Wheel of Fortune Online Casino. In collaboration with IGT (NYSE: IGT), Wheel of…

Exacta Systems is proud to announce the launch of Everi's first Historical Horse Racing (HHR) games at Boston Billiards Club & Casino in Nashua, New Hampshire. The featured games from Everi Holdings Inc. (NYSE:EVRI) ("Everi") include player-popular Patriot Extra Spin®, Triple Jackpot Gems Deluxe ®, Wild Gems Extra Spin®, and Blazin' Gems Deluxe ®…

Image Source: Shutterstock.com Using their powerful synergy, the S&P 500 global gaming and entertainment company and the leading sports betting and iGaming operator have created a unique slot experience for US players. Called MGM Riches, the slot game will enable players to engage in both online gameplay using BetMGM's iCasino platform available in…

IGT Wins Four Highly Coveted EKG Slot Awards PR Newswire Company fortifies industry leadership with premium, mechanical reel, video poker and video slot recognition LONDON,Feb. 28, 2023/PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it was recognized with top honors in four distinguished categories at the…

PlayAGS (NYSE: AGS) reported its Q32022 financial results on November 12, 2022, beating revenue and EPS estimates. The firm provides electronic gaming machines and online gaming to the gaming industry in the U.S. and overseas. While AGS appears positioned to benefit from a more robust and'normal' casino business environment, there isn't much…

Casinos in Nevada saw gaming win increase 14% in December to more than $1.31B, according to an update from the Nevada Gaming Control Board. Las Vegas Strip casinos accounted for $814M of the monthly tally, which was up 25% from the level a year ago. An increase in group and convention business during the month and events like Raiders home football…

Las Vegas Sands (NYSE: LVS) announced its intention to pursue the development of a multi-billion-dollar flagship hospitality, entertainment and casino project on Long Island, New York. The company said it has entered into agreements to purchase the long-term lease of the site currently home to the Nassau Veterans Memorial Coliseum. The transactions…

Bally's Corporation today announced that it has completed a real estate transaction with Gaming & Leisure Properties, Inc., in which the two firms sold and leased back the land and real estate assets of Bally's Tiverton Casino & Hotel in Tiverton, Rhode Island, and Bally's Hard Rock Hotel & Casino Biloxi in Biloxi, Mississippi. According to a press…

When RuPaul's Drag Race Live! returns on Thursday, Jan. 19, 2023, two new queens will be slaying the Flamingo Las Vegas stage - Season 10 winner Aquaria and fresh from Season 14, Jorgeous. In addition, Season 12 winner and All Stars Season 7's Jaida Essence Hall will make her much anticipated return to The Strip. These stunning new additions will…

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Casino stocks are rallying higher on Tuesday on hopes that China will continue relaxing its Covid-19 policies. Those restrictive policies kept a tight lid on local economies and drew the ire of its citizens. Now, investors are looking at potential upside in the country. Wynn…

Barclays' research analysts raised their price target for Las Vegas Sands (NYSE: LVS), raising it from $43.00 to $57.00 in a study published on Thursday. The Fly shared the information in their article. The company views the casino operator's shares as an "overweight" investment at present and for the foreseeable future. Compared to the price at…

The long wait for legalized gaming in Japan could extend even further with the Ministry of Land, Infrastructure, Transport, and Tourism not confident it will be able to reach a final decision by the end of 2022 on proposals from the Osaka and Nagasaki prefectures for the location of the first integrated resort in the nation. The Osaka proposal is…

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) ("Bragg" or "the Company"), today announced that it has launched its new content and technology with Rush Street Interactive (NYSE: RSI) ("RSI") in New Jersey, further expanding the Company's reach in the U.S. RSI is one of the leading iGaming operators in the U.S., Canada and Latin America. Exclusive…

TORONTO - Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) ('Bragg' or'the Company'), today announced that it has launched its new content and technology with Rush Street Interactive (NYSE: RSI) ('RSI') in New Jersey, further expanding the Company's reach in the U.S. RSI is one of the leading iGaming operators in the U.S. , Canada and Latin…

A new direct partnership with Rush Street Interactive powers High 5 Games with immense growth opportunities with the online casino gaming market leader. High 5 Games today announced a direct partnership with Rush Street Interactive (NYSE: RSI) ("RSI"), a market-leading U.S.-based online gaming company, and that its casino games are now live on…

FOUR-TIME GRAMMY© AWARD WINNER KEITH URBAN ANNOUNCES NEW LAS VEGAS RESIDENCY AT ZAPPOS THEATER AT PLANET HOLLYWOOD RESORT & CASINO Keith Urban: The Las Vegas Residency launches Friday, March 3, 2023 Tickets go on sale Saturday, Nov. 12 at 10 a.m. PT LAS VEGAS, Nov. 7, 2022 / PRNewswire / -- Global music superstar Keith Urban has announced a new…

The online gambling industry is the 10th hottest industry in the US in 2022 and that is saying something. This industry is small at roughly $11 billion in value but growing rapidly and up 45% on a YOY basis as of late November. The industry is expected to continue to grow at a high-double-digit CAGR for at least the next 5 years as well, driven by…

Multiple poker players, including Joseph Cheong, have reported that they've had thousands of dollars swiped from their bank accounts by fraudsters who created online gambling accounts under their names. Cheong, along with PokerFraudAlert's Todd "Dan Druff" Witteles, brought forth on Twitter some allegations of online gambling fraud. They both said…

The online casino industry has seen a giant boom in the last few years. This enormous growth is due to the convenience of online gambling, the change in consumer activity to more in-home consumption, and the rapid development across the sector. This growth has propelled the online gambling business to an industry worth around $58.2 billion in 2021.…

Casino stocks have witnessed a steep drop amidst record inflation and recessionary fears this year. These headwinds are linked to lower consumer discretionary spending, resulting in massive sell-offs in all major casino and gaming equities. On the flip side, the sell-off has also created multiple opportunities to pick up casino stocks at multi-year…

Las Vegas Sands (NYSE: LVS) will release its results report for the prior quarter on Wednesday, October 19, after the stock market has closed. There is a general agreement among those who follow the market that Las Vegas Sands will report a loss of $0.20 per share for the third quarter. On July 20, Las Vegas Sands (NYSE: LVS) released their most…

Company's Spark™ Remote Game Server Expands Portfolio to 60 Proprietary Games LAS VEGAS, Oct. 6, 2022 /PRNewswire/ -- Everi Digital, the online gaming business of Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty…

New Products Are First League-Themed Games in North America - BetMGM, a leading sports betting and iGaming operator, today announced the launch of its National Hockey League® (NHL)-branded casino games including roulette, blackjack, baccarat and the new live Money Wheel game, Dream Catcher. All games are available to players in New Jersey Ontario,…

Konami Gaming, Inc., Everi Holdings Inc. (NYSE: EVRI), and Sky River Casino announced the launch of industry-leading cashless options as the newly constructed destination opens its doors to the public 15 miles south of downtown Sacramento, Calif. Sky River Casino is debuting a true cashless experience on the gaming floor by combining Everi's…

Holland America Line and Konami Gaming, Inc. have completed the launch of the SYNKROS ® casino management system across all 11 ships in the fleet. Under the new system, guests can enjoy an array of top gaming services that optimize the slot machine experience. This press release features multimedia. View the full release here: httpsn/ Holland…

AGS Takes its Portfolio to A New Level at the 2022 Global Gaming Expo in Las Vegas, /PRNewswire/ -- AGS (NYSE: AGS) or (the "Company") announced today that it will showcase a new level of product diversity and innovation in all three of its business divisions: Electronic Gaming Machines ("EGM's"), Table Products, and Interactive at the 2022 Global…

PROVIDENCE, R.I., Sept. 27, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced its completion of the previously announced acquisition of the Tropicana Las Vegas with Gaming & Leisure Properties, Inc. ("GLPI") and PENN Entertainment, Inc. ("PENN"). Bally's, GLPI and PENN completed the transaction relating to the acquisition of the…

Las Vegas Sands (NYSE: LVS) was the beneficiary of double-barreled positive impacts on Monday, as Macau signaled easier entry for gamblers and Jefferies upgraded the stock to Buy.

Casino stocks are rising higher on Monday and they have China's easing Covid-19 restrictions to thank for the boost! China is planning to reduce restrictions in Macau, the world's gambling hub, starting in November. This will allow tour groups from Mainland China to visit the casinos in the area for the first time in almost three years. That will…

Casinos across the US are adopting Oracle Cloud for Casinos to help simplify operations, boost revenue, and enrich guest experiences. With these technologies, casinos can enhance property management, financial management, and restaurant operations to better understand and service guests anywhere they are on the property. "Consumers are increasingly…

The casino sector comprises firms from the gaming industry that offer leisure and other related services through their resorts and casino gaming properties. To name some, Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM), Caesars Entertainment, Inc. (NASDAQ: CZR), and Boyd Gaming…

Owning it: I have been following the shares of Las Vegas Sands (NYSE: LVS) for five years, for any number of reasons that most investors share with me. It is the global leader of the gaming industry, having been built from the Las Vegas legacy of the original Sands, home of the famous Rat Pack of Frank Sinatra, and decades later, its extension to…

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) ("Bragg" or the "Company"), announced today that it has entered into an expansive iGaming content development partnership with Bally's Interactive, the digital arm of Bally's Corporation (NYSE: BALY). Pursuant to the agreement, Bally's Interactive online brands such as Virgin Casino, JackpotJoy and…

Tropical Bonanza slot and leading iGaming content provider iSoftBet has further expanded its footprint across Europe after entering into a new partnership agreement with international online gaming company TonyBet. Owned by Betsson AB, the Estonian firm operates in multiple jurisdictions and as such the deal will see the provider's products made…

In what it lauds as a "fantastic achievement," global B2B gaming technology platform provider Bragg Gaming Group (NASDAQ:BRAG) has partnered with Merkur, in a deal, originally inked in November 2021, that has seen its player account management (PAM) solution now powering the Gauselman Group subsidiary's operation in the Czech Republic. As a result…

Also quoted was Christoffer Andersson, Chief Operating Officer for 500 Casino, as saying… "Providing our players with the best games available on the market is paramount to our continued success, and we are thrilled to be welcoming Pragmatic Play's substantial portfolio to our offering. "Its titles provide a seal of quality to any casino and we are…

FLINTSTONE, MD. - New York City-based VICI Properties Inc. (NYSE: VICI) and Century Casinos Inc. (NASDAQ: CNTY) have entered into a definitive agreement to acquire the operations of Rocky Gap Casino Resort from Golden Entertainment Inc. for approximately $260 million. Rocky Gap is situated along Lake Habeeb in Flintstone, located in the western…

ProShare Advisors LLC lessened its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 2.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74932 shares of the casino operator's stock after selling 1803 shares during the period. ProShare Advisors LLC's…

OpenGaming Platform and Rich Player Engagement Tools to Power BetMGM Scientific Games Corporation has extended its major partnership with BetMGM and the group's associated brands in the U.S. BetMGM is a leading sports betting a gaming joint venture between MGM Resorts International and GVC Holdings. Dylan Slaney, SVP Gaming, Digital for Scientific…

Macquarie Research thinks casinos in Las Vegas are in better shape to handle an economic downturn than they have been in the past due to leaner cost structures and tight supply in the market. Analyst Chad Beynon and team also pointed to strong pent-up demand for work travel and conferences, which are expected to help counterbalance a softer leisure…

TORONTO, July 22, 2022 /CNW/ - Most secondary issues have been resolved in productive discussions with Great Canadian Gaming Corporation (GCGC) on Thursday, but the most challenging negotiations are underway today, says Unifor. "Unifor bargaining committees for eight casinos worked hard on Thursday to finalize many outstanding issues, paving the…

Scotia Capital Inc. trimmed its stake in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 22.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11242 shares of the casino operator's stock after selling 3219 shares during the quarter. Scotia…

The stock price of Las Vegas Sands Corp. (NYSE: LVS) increased by over 3% during intraday trading today. Investors are responding positively to reports that Macau could reopen on July 23. According to MacauBusiness, authorities revealed information about the partial lockdown easing period that will start on that date with some businesses, public…

Macau casino stocks are a rough place to have cash, now that lockdowns akin to the 2020 ones are being reinstituted as part of China's zero-COVID effort. Market declines are pricing in about 250 days of lockdown in Macau for big player Las Vegas Sands (NYSE: LVS) which might be excessive. New cash proceeds from the Las Vegas sales help out the debt…

Sumitomo Mitsui Trust Holdings Inc. reduced its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 0.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 831711 shares of the casino operator's stock after selling 5789 shares during the quarter.…

A spin-off of the iconic Stanton Social, a past NYC Lower East Side staple, Stanton Social Prime will join high-profile list of celebrity chef-led restaurants at the Las Vegas Strip Resort LAS VEGAS, July 14, 2022 /PRNewswire/ -- Caesars Entertainment and Tao Group Hospitality will introduce a new dining concept at Caesars Palace Las Vegas, Stanton…

TORONTO - Marking further growth of its iGaming operations in the recently regulated Ontario market, Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) ("Bragg" or "the Company"), today announced that the Company is now live with its online gaming content with one of the Province's leading operators, Rush Street Interactive (NYSE: RSI) ("RSI"). RSI is…

Reimagined mechanical reel cabinet debuts with research-driven design and a compelling content library featuring elevated performance-proven games LONDON, July 13, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has launched the highly anticipated DiamondRS™ mechanical reel cabinet. The cabinet…

Gambling stocks traded sharply lower on Monday morning as Macau casinos shut down for a week. In response, one Wall Street analyst cut his price targets for U.S.-listed casino stocks with exposure to Macau. The Analyst: Bank of America analyst Shaun Kelley issued the following price target cuts on Monday: Las Vegas Sands Corp. (NYSE: LVS),…

The Las Vegas Sands Corp. (NYSE: LVS) stock is trending today and the price fell by over 6% during intraday trading. Investors are responding negatively to new COVID lockdowns in Macau due to a COVID outbreak. All of the casinos in Macau were shut down for the first time in over two years today. The casinos will be shut down for one week and Macau…

Wynn Resorts (NASDAQ: WYNN) stock and Las Vegas Sands (NYSE: LVS) stock are both declining 8% in early morning trading. Casino stocks are slumping after new Covid-19 restrictions were imposed in the Chinese region of Macau. Although Wynn and Las Vegas Sands are based in the U.S., they both own multiple casinos in Macau. After the new coronavirus…

Stock Markets 29 minutes ago (Jul 07, 2022 07:53AM ET) By Geoffrey Smith Investing.com -- Entain (LON:) shares fell 12% on Thursday to an 18-month low after the owner of the Ladbrokes and Coral betting chains reported a sharp slowdown in online gaming revenue in the first half of the year, suggesting that the boost it had from locked-down customers…

Xponance Inc. raised its stake in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 3.3% in the first quarter, HoldingsChannel.com reports. The fund owned 58592 shares of the casino operator's stock after buying an additional 1874 shares during the quarter. Xponance Inc.'s holdings in Las Vegas Sands were worth $2277000 as of its most recent filing…

China is finally starting to lift its lockdown protocols. According to Bloomberg, the country is now "reporting the lowest number of new cases since early February." On top of that, the nation is reducing the required quarantine time for international travelers. This means that the Chinese economy is clear to start making up lost ground. For the…

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. BetMGM, a leading sports betting and iGaming operator, announced today an agreement with Sony Pictures Television and International Game Technology PLC ("IGT") (NYSE: IGT) to launch Wheel of Fortune Casino, set to become the…

Wheel of Fortune Casino to debut in New Jersey this year JERSEY CITY, N.J. , June 21, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced today an agreement with Sony Pictures Television and International Game Technology PLC ("IGT") (NYSE: IGT) to launch Wheel of Fortune Casino, set to become the first full…

Bank of America said the final version of the gaming law passed by the Macau Legislative Assembly reflected the amendments that have been revealed in the past couple months and were in-line with expectations. The amendment bill allows for six new concessions, with a maximum term of 10 years and three-year extension possible under certain…

LAS VEGAS, June 16, 2022 /PRNewswire/ -- AGS (NYSE: AGS or "the Company") CEO David Lopez issued the following statement after the announcement of the United States Supreme Court decision siding with certain Tribes in Texas (the Tribes at issue are the Ysleta del Sur and Alabama and Coushatta Indian Tribes of Texas, which operate the Speaking Rock…

Macau casino stocks saw selling pressure again on Monday after a flareup of COVID cases in China led to officials in Beijing and Shanghai ramping up testing policies again. While the number of COVID case in the nation is still only in the hundreds, there is no clear indication that the government will back off from a zero-tolerance policy anytime…

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), a leading online casino and sports betting company in the United States, today announced it is adding its industry leading online sportsbook to its existing online casino at BetRivers in West Virginia. Now sports fans across the Mountain State, aged 21 and over, can join…

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here. Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), a leading online casino and sports betting company in the United States, today announced it is adding its industry leading online sportsbook to its existing online casino at BetRivers in West Virginia. Now sports…

The shares of Las Vegas Sands (NYSE: LVS) and Penn National Gaming (NASDAQ: PENN) have observed a deep contraction after observing a strong rally in Q12021. Anticipation of increased regulatory oversight in Macau was the key cause of pessimism in Las Vegas Sands stock, but geopolitical tensions, skyrocketing inflation, and China's adherence to a…

Jackpot mania kicks up across the US as IGT's latest WAP game launches in key commercial gaming jurisdictions Nevada and New Jersey, /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that following a successful launch in tribal gaming jurisdictions, the high-performing Money Mania™ Wide Area Progressive (WAP)…

The Detroit Red Wings Slingo announced an extended and expanded strategic collaboration with sports betting and online casino giant BetMGM. The deal paves the way for the debut of a new slot attraction on BetMGM Casino Michigan. BetMGM has introduced the Detroit Red Wings Slingo, a game that incorporates the hockey team's branding. The game - which…

Further expanding its footprint across Latin America, online and mobile casino software provider and content aggregator iSoftBet has entered the Buenos Aires regulated market after agreeing a new partnership deal with Argentinian operator Upline and its online interest, Jugadon. Under the agreement, a selection of the provider's top-performing…

Casino stocks led the S&P higher on Friday as news of a potential end to lockdowns in China sent gaming stocks skyward. Per the Associated Press, officials in Shanghai are considering a reopening "in a few days" as case numbers fall. The nation's most populous city is seen as a key bellwether for the country's Zero-COVID policy, therefore holding…

Yggdrasil makes entrance into LatAm through Colombia Yggdrasil, the leading worldwide publisher of online gambling content, has made its debut in LatAm after taking its slots portfolio live with US giant Rush Street Interactive's (NYSE: RSI) ("RSI") brand in Colombia. RushBet.co and its local player community now have access to Yggdrasil's…

Chicago is finally in line to get a casino after a 30-year wait with Bally's Corporation (NYSE: BALY -11.6%) being picked as the sole license holder for a casino to be built on the site of the Tribune Publishing Center. Bally's (BALY) beat competing downtown Chicago casino bids from Hard Rock International and Rush Street Gaming. Bally's (BALY)…

Were this forty years ago, news of a casino operator winning a bid for developing a property inside or near a major metro area would be enough to send its stock skyrocketing beyond any rational measure of its real world potential. This is precisely what happened when the sector exploded after New Jersey legalized casinos in 1976. First out of the…

LAS VEGAS, May 3, 2022 /PRNewswire/ -- AGS (NYSE: AGS) brings its revolutionary Bonus Spin Xtreme (" BSX ") to nearly 40 table games at the now open Palms Casino Resort Las Vegas. BSX is now available on 39 total table games at the Palms, including: 24 blackjack tables 12 baccarat tables 3 roulette tables High-limit blackjack and baccarat tables…

MGM Resorts International (NYSE: MGM) traded higher in after-hours trading on Monday after reporting a 73% jump in revenue against a soft pandemic comparable and seeing the addition of Aria and Vdara help propel the Vegas segment to a big quarter. Revenue from Las Vegas Strip properties was up 205% to $1.7B vs. $1.5B consensus. Adjusted property…

Gross gaming revenue in Macau fell 68% year-over-year during April to 2.68B patacas ($331M), which marked the lowest tally for the gambling region in 18 months and fell short of the expectation of analysts. Revenue fell 27% in April from the level recorded in March and was 89% off from the pre-pandemic level of April of 2019. COVID restrictions in…

Las Vegas Sands Corp. (NYSE:LVS - Get Rating) - Analysts at Jefferies Financial Group reduced their Q42022 EPS estimates for Las Vegas Sands in a research note issued to investors on Thursday, April 28th. Jefferies Financial Group analyst D. Katz now anticipates that the casino operator will post earnings of $0.27 per share for the quarter, down…

With frustrations associated with the novel coronavirus reaching a fever pitch, myriad households are ready to abandon their facemasks for some fun in the sun. As several mainstream publications have reported, the concept of revenge travel - or consumers opening their wallets to make up for lost experiences - has spiked in popularity. But the…

Las Vegas Sands (NYSE:LVS - Get Rating) had its price target lowered by research analysts at Morgan Stanley from $44.00 to $39.00 in a research note issued to investors on Monday, The Fly reports. Morgan Stanley's price target suggests a potential upside of 7.14% from the company's previous close. Several other equities analysts also recently…

Macau casino stocks moved lower after developments in China over the weekend increased concerns that the COVID disruption will extend. Beijing is now a region of increased focus with authorities in the capital sealing off entrancing of public housing blocks and closing off entire streets with wire mesh fences, according to Reuters. Meanwhile, the…

Company's PeakSlant32™ cabinet, Regal Riches™ slot game, Floor Manager™ systems solution and Diversity and Inclusion achievements recognized in annual awards program LONDON, April 21, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it won four categories of the 2022 "The Casino Awards" program,…

Company recognized as top gaming supplier in acclaimed global awards program International Game Technology PLC announced today that it recently won the "Casino Supplier of the Year" award at the 2022 Global Gaming Awards London. This marks the second year in a row that the Company received the notable honor. The annual EMEA-focused awards program,…

FN Media Group Presents Microsmallcap.com Market Commentary, /PRNewswire/ -- It's official, Ontario's online sports betting went live on April 4 and bets are already rolling in. On Monday, 16 gambling operators were operational in the province, while others have registered with the Alcohol and Gaming Commission of Ontario, but have yet to secure an…

Macau gross gaming revenue fell 56% in March to 3.67B patacas ($455M) to slightly trail the consensus estimate for a 55% decrease. Ongoing COVID restrictions and concerns held back traffic during the month. Gross gaming revenue was down 54% in March from the level seen in February with the lockdowns in Zhuhai and Shenzhen a major factor. The…

Bally's (NYSE: BALY) Gamesys has signed a five-year exclusive content agreement with Gaming Arts, a end-to-end technology provider of electronic To ensure this doesn't happen in the future, please enable Javascript and cookies in your browser. If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and…

VICI Properties (NYSE: NYSE: VICI) is a leading gaming and hospitality REIT that owns and acquires casinos and hotels around the U.S. They own premier casinos like Caesars Palace, Harrah's, and Venetian and collect rent from the operators based on a triple net lease. Since VICI's formation, it has grown at a rapid pace, and they now hold an…

Uncertainty almost always creates volatility in markets. When traders and investors don't have a clear picture of what a company's earnings will look like, usually even the slightest news story can move the company or sector the company is in significantly. There is significant near-term uncertainty in the Chinese gambling sector in Macau right…

Macau casino stocks have taken a beating so far in 2022, but the selling pressure has intensified in recent days. On Tuesday, Bank of America analyst Shaun Kelley highlighted at least four reasons investors are dumping Macau stocks. Reasons For The Sell-Off: For the past year, Kelley has repeatedly discussed the "three C's" weighing on Macau…

BetRivers Real-Money Casino and Sportsbook Expected to Go Live in the Province on April 4 BetRivers Free-to-Play Casino and Sportsbook is Currently Available from BetRivers.ca Rush Street Interactive, Inc.(NYSE: RSI), a leading online casino and sports betting company in the United States, today announced that it has received its iGaming Operator…

Wall Street brokerages expect Las Vegas Sands Corp. (NYSE:LVS - Get Rating) to report sales of $1.16 billion for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for Las Vegas Sands' earnings, with the lowest sales estimate coming in at $1.10 billion and the highest estimate coming in at $1.22 billion.…

Black Diamond® and Double Black Diamond™ Win "Top Performing" Mechanical Reel Awards; Everi Again Named "Most Improved Supplier" LAS VEGAS - (March 7, 2022) - Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty…

Highland, CA, March 07, 2022 (GLOBE NEWSWIRE) -- Yaamava' Resort & Casino (formerly San Manuel Casino) today announced plans to partner exclusively with Live Nation for the Yaamava' Theater, the luxury resort's entertainment venue opening this spring. The announcement pairing Southern California's newest luxury resort and casino with the world's…

Macau gross gaming revenue gained 6.1% in February to 7.76B patacas ($0.96B) to trail the consensus estimate for a 7.0% increase. Ongoing COVID restrictions and a sharp crackdown on two junket operators impacted traffic negatively. Macau GGR is down 8% on a year-over-year basis. Jefferies is not confident that a positive turn for Macau is…

Stocks suffered another day of losses on Friday, adding a modest retreat to the previous day's substantial decline. Geopolitical tension and general worries about the direction of the market in the face of looming rate hikes kept investors on the sideline. The selling affected online gambling stocks, which were dragged down by a disappointing…

IGT Wheel of Fortune® Slots Award Two Massive Jackpots in January LONDON - Feb. 10, 2022 - International Game Technology PLC ("IGT") (NYSE: IGT) announced today that two massive jackpots were awarded on its Wheel of Fortune ® slots games in January. Lucky slots players won the following million dollar-plus jackpots last month: On Jan. 10, a Wheel…

Popular titles rolled out via OpenGaming's integration with Rush Street Interactive's proprietary Online Gaming Platform LAS VEGAS - February 10, 2022 - Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") has partnered with Rush Street Interactive (NYSE: RSI) ("RSI"), a U.S.-based gaming company, by taking its casino…

Macau gross gaming revenue fell 20.9% in January to 6.34B patacas ($785M). Although the GGR tally topped the consensus expectation for a fall of 31%, the rate of growth was far worse than the+1.8% mark recorded in December. The crackdown on Macau junket operators and tighter border restrictions ahead of the Winter Olympics also impacted Macau…

Greentube, the NOVOMATIC Interactive division, has partnered with Rush Street Interactive (NYSE: RSI) ("RSI"), a U.S. based gaming company, to take its content live in New Jersey on PlaySugarHouse.com. Rush Street's customers are now able to play a selection of Greentube's most iconic slot releases, as well as more recent content, including titles…

Las Vegas Sands Corp. executives will stay patient with their big investments in Macao and Singapore as the company prepares for its next phase of operations: one without Las Vegas resorts. Company leaders told investors during their fourth-quarter earnings call Wednesday that they'll stay the course in Macao, where it is the market leader, and go…

After going through the public consultation procedure, the Macau Gaming Bill is under discussion by the members of the legislative assembly. The draft bill proposes six concessionaires with a maximum term of ten years. The uncertainty surrounding the number of casino licenses led to a deep contraction in Las Vegas Sands stock (NYSE: LVS). Given the…