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Online casino games developer Games Global files for a $100 million US IPO

Games Global, a global developer and distributor of online casino-style games, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The company develops, distributes, and markets casino-style gaming content, and provides B2B solutions to online gaming operators. Games Global works with 40 in-house and partnered…
Software
Seeking Alpha

One of the biggest bets on the Las Vegas Strip is not a casino stock

VICI Properties (NYSE: VICI) continues to pique the interest of investors in both the casino and real estate sectors, due in part to its standing as the single largest landowner on the Las Vegas Strip. The company leases out high-profile properties such as Mandalay Bay, Luxor Las Vegas, MGM Grand Las Vegas, Park MGM, Venetian Las Vegas, and…
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One of the biggest bets on the Las Vegas Strip is not a casino stock
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Seeking Alpha

Las Vegas reshuffle: Out with the Tropicana and in with the Oakland A's

The historic Tropicana Las Vegas casino and hotel property closed last week after 67 years in operation. The Tropicana was the most expensive Las Vegas resort built to date when it opened in April 1957. The closing of the Tropicana means that the only surviving property on the Las Vegas Strip from the 1950s is the Sahara. The land beneath the site…
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Las Vegas reshuffle: Out with the Tropicana and in with the Oakland A's
renaissancecapital.com

Online casino platform operator High Roller Technologies sets terms for $14 million IPO

High Roller Technologies, which operates an online casino gaming platform, announced terms for its IPO on Thursday.The Las Vegas, NV-based company plans to raise $14 million by offering 1.5 million shares at a price range of $8 to $10. At the midpoint of the proposed range, High Roller Technologies would command a fully diluted market value of $78…
Industry
Wild Casino

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Seeking Alpha

Las Vegas casinos look to ride hot streak into 2024

Las Vegas Strip casinos begin the new year on a hot streak after the F1 Formula race on the Las Vegas Strip in November provided a significant boost to the region and new openings in December created strong buzz. Las Vegas Strip gross gaming revenue jumped 22.6% year-over-year to $821M, which was the highest ever for the typically slow month and…
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Seeking Alpha

Blockbuster Las Vegas Strip casino resort opens after long wait

The long wait for the opening of the Fontainebleau Las Vegas casino on the Strip is finally over, as the first customers will visit the resort on Wednesday night. The 67-story luxury resort and casino is reported to be the tallest occupiable building in Nevada and includes 3644 rooms and suites, a 14000-square-foot fitness center, a…
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Blockbuster Las Vegas Strip casino resort opens after long wait
Seeking Alpha

Dallas casino buzz continues with Las Vegas Sands digging around (NYSE:LVS)

There are more reasons to think that Las Vegas Sands (NYSE: LVS) may have long-term plans to open a casino in the Dallas area. Property records in Dallas indicate that Las Vegas Sands Corp. (LVS) purchased around 100 acres of land near the old Texas Stadium site in the suburb of Irving. The Dallas Central Appraisal District records show the…
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Dallas casino buzz continues with Las Vegas Sands digging around (NYSE:LVS)
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Oakland A's move to Las Vegas is called a positive for some casino stocks (NYSE:BALY)

The Oakland A's Major League Baseball team is officially on the move to Las Vegas after the owners voted unanimously to approve the relocation of the team from the Bay Area. Earlier in the year, the A's had reached an agreement with Bally's (NYSE: BALY) to build a $1.5B, 30K-seat stadium on 35 acres of the Tropicana Las Vegas site. The stadium is…
Finance
Oakland A's move to Las Vegas is called a positive for some casino stocks (NYSE:BALY)
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3 Top Performing Stocks in the Online Gambling Industry

The online gambling market is booming. In fact, the market is projected to hit $95 billion in revenue this year. By 2027, it could hit $131.9 billion, as noted by Statista. Better, the number of online gamblers could rally to 233.7 million by 2027, too. All of that should create a massive opportunity for the online gambling stocks below. Helping in…
Finance
West Island

Gaming Industry Outlook Brightens as Analysts Rally Behind Slot Machine Stocks

Last week's Global Gaming Expo (G23) in Las Vegas unveiled a promising outlook for the gaming industry. Several sell-side analysts emerged with an optimistic perspective on diverse gaming equities, encompassing the sector of slot machine stocks. A recent disclosure to clientele by Stifel's esteemed analyst Jeffrey Stantial indicated that certain…
Industry
Seeking Alpha

The Las Vegas Strip is fading all those concerns of a consumer slowdown

The early report out of the casino industry's heavyweight G2E Global Gaming Expo is that trends in Las Vegas are not showing any major signs of slowing down, despite the macroeconomic backdrop. Wells Fargo analyst Daniel Politzer said meetings with management from Caesars Entertainment (NASDAQ: CZR) at G2E indicated that Las Vegas seems to be…
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Street Insider

NeoGames’ Pariplay makes Pennsylvania debut with Rush Street Interactive

LUXEMBOURG, Oct. 09, 2023 (GLOBE NEWSWIRE) -- NeoGames S.A. (Nasdaq: NGMS) ("NeoGames" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today that its subsidiary Pariplay, leading aggregator and content provider, has entered Pennsylvania for the first time with Rush Street Interactive…
Industry
Seeking Alpha

Las Vegas casino operators make little progress in negotiations with the culinary union

A strike in Las Vegas by hospitality workers is close after unions representing close to 53K culinary workers and bartenders in Las Vegas warned that they have seen no real movement this week in contract negotiations with casino-resort operators MGM Resorts International (NYSE: MGM) and Caesars Entertainment. The demands from the Culinary Workers…
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Las Vegas casino operators make little progress in negotiations with the culinary union
Market Screener

BetMGM Casino Is the 2023 American Gambling Awards Online Casino of the Year -October 05, 2023 at 08:10 am EDT

October 05, 2023 at 08:10 am EDT The American Gambling Awards is pleased to announce BetMGM (NYSE: MGM), a leading iGaming and sports betting operator, is the 2023 "Online Casino of the Year." The American Gambling Awards are produced by Gambling.com Group Limited (Nasdaq: GAMB) ("Gambling.com Group" or the "Group"), a leading provider of player…
Industry
InvestorsObserver

AGS is Dropping Hits at G2E 2023: 'Best Slot Product,' 'Best Table-Game Innovation,' '#1 New Indexing Online Games'

AGS is Dropping Hits at G2E 2023: 'Best Slot Product,' 'Best Table-Game Innovation,' '#1 New Indexing Online Games' PR Newswire LAS VEGAS,Oct. 4, 2023/PRNewswire/ -- The 2023 Global Gaming Expo ("G2E") inLas Vegas, to be heldOctober 10 to 13, marks the beginning of a new era for PlayAGS, Inc. (NYSE: AGS or "the Company"), a leading supplier of…
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MGM Resorts faces potential casino strikes in Detroit and Las Vegas

Casinos in the Detroit, Michigan area face a potential labor walkout after the Detroit Casino Council announced that members from MGM Grand Detroit, Hollywood at Greektown and MotorCity casinos approved a strike if determined as necessary by the worker negotiating committee. 99% of the union members at those casinos voted in favor of the strike…
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MGM Resorts faces potential casino strikes in Detroit and Las Vegas
Seeking Alpha

Las Vegas casinos post big numbers in July as conventions, leisure travel play in

Nevada gaming win for July rose 6.7% from a year ago to $1.40B. The tally makes it the 29th month in a row that gaming win in the state has been over $1B. The solid demand in the Las Vegas region this year has taken some of the sting out of the argument that legalized online sports betting and brick-and-mortar gambling in new states would cut…
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focusdailynews.com

FOREIGNER Bids Farewell To Vegas with 2024 Residency at The Venetian

LAS VEGAS (Aug. 28, 2023) - FOREIGNER will bid goodbye to the Las Vegas Strip with an exclusive headlining two-part "Feels Like The Last Time Farewell Tour" residency at The Venetian Theatre inside The Venetian® Resort Las Vegas. The shows will be held March 6 through April 6, and October 25 through November 9, 2024 at 8:30 p.m. Tickets start at…
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The Joplin Globe

Boyd Gaming Announces Quarterly Dividend

LAS VEGAS--(BUSINESS WIRE)--Aug 16, 2023-- Boyd Gaming Corporation (NYSE: BYD) today announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share, payable October 15, 2023, to shareholders of record at the close of business on September 15, 2023. About Boyd Gaming Founded in 1975, Boyd Gaming Corporation (NYSE:…
Industry
Investor Place

3 Stocks to Buy to Benefit from the Growing Online Gambling Trend

Americans love to gamble. A record 50 million people placed a wager on this year's Super Bowl, spending $16 billion to gamble on the outcome of the big game, according to the American Gaming Association. The betting on the Super Bowl in 2023 represented a 61% increase from the previous year as online gambling platforms grow and proliferate, making…
Industry
3 Stocks to Buy to Benefit from the Growing Online Gambling Trend
Markets Insider

A "Powerful Recovery" in Macao Could Help Lift Las Vegas Sands Stock

The pandemic dealt a tough blow to casino resorts, but business is gearing up again. With its Singapore resort humming along nicely and Macao back open for business, Las Vegas Sands (NYSE: LVS) is focused on recovery and a bright future. Let's look at the company's recent quarterly results to get a better idea of where the casino stock might be…
Finance
Market Screener

Bally's UK Operations Welcome Publication Of Gambling Act Review White Paper

PROVIDENCE, R.I., April 27, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) announced today that its UK operations welcome the UK Government's publication of The Gambling Act Review White Paper. The publication comes after four years of consultation between industry stakeholders and the UK Government, and should now bring much-needed clarity…
Industry
InvestorsObserver

BetMGM Announces Launch of Wheel of Fortune Online Casino

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…
Industry
INN

EXACTA SYSTEMS LAUNCHES NEW STEPPER GAMES FROM EVERI

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 ®…
Industry
Gambling News

MGM Resorts, BetMGM & Everi Launch Omnichannel Slot MGM Riches

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…
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MGM Resorts, BetMGM & Everi Launch Omnichannel Slot MGM Riches
InvestorsObserver

IGT Wins Four Highly Coveted EKG Slot Awards

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…
Industry
Seeking Alpha

PlayAGS Appears Well Positioned For Casino Rebound (NYSE:AGS)

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…
Industry
PlayAGS Appears Well Positioned For Casino Rebound (NYSE:AGS)
Seeking Alpha

Las Vegas casinos shine in December led by baccarat, sports books

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…
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Seeking Alpha

Las Vegas Sands eyes Long Island for large casino project

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…
Industry
What's Up Newp

Bally's Tiverton Casino & Hotel announces completion of real estate transaction with GLPI

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…
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Bally's Tiverton Casino & Hotel announces completion of real estate transaction with GLPI
Broadway World

Aquaria and Jorgeous to Join RUPAUL'S DRAG RACE LIVE! Las Vegas at Flamingo Las Vegas

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…
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Aquaria and Jorgeous to Join RUPAUL'S DRAG RACE LIVE! Las Vegas at Flamingo Las Vegas
Markets Insider

Why Are Casino Stocks WYNN, LVS Up Today?

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…
Finance
Best Stocks

Barclays Increases Las Vegas Sands (NYSE:LVS) Price Target to $57.00

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…
Finance
Barclays Increases Las Vegas Sands (NYSE:LVS) Price Target to $57.00
Seeking Alpha

Japan is expected to announce in 2023 the location of its first casino resort

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…
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Japan is expected to announce in 2023 the location of its first casino resort
Recent Slot Releases

New Bragg Content Rollout Continues with Launch at Rush Street Interactive’s Betrivers.com in New Jersey

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…
Industry
New Bragg Content Rollout Continues with Launch at Rush Street Interactive’s Betrivers.com in New Jersey
high5games.com

High 5 Games partners with RSI to debut games in Pennsylvania

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…
Industry
High 5 Games partners with RSI to debut games in Pennsylvania
caesars.mediaroom.com

FOUR-TIME GRAMMY© AWARD WINNER KEITH URBAN ANNOUNCES NEW LAS VEGAS RESIDENCY AT ZAPPOS THEATER AT PLANET HOLLYWOOD RESORT & CASINO

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…
Sports
FOUR-TIME GRAMMY© AWARD WINNER KEITH URBAN ANNOUNCES NEW LAS VEGAS RESIDENCY AT ZAPPOS THEATER AT PLANET HOLLYWOOD RESORT & CASINO
MarketBeat

Three Ways To Win The Online Gambling Industry

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…
Industry
Three Ways To Win The Online Gambling Industry
The Stock Dork

The 4 Best Online Slot Developer Stocks

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.…
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The 4 Best Online Slot Developer Stocks
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Ranking the 3 Top Casino Stocks to Buy From Best to Worst

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…
Finance
Best Stocks

On Wednesday, Las Vegas Sands (LVS) will report its quarterly earnings.

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…
Finance
On Wednesday, Las Vegas Sands (LVS) will report its quarterly earnings.
Market Screener

EVERI DIGITAL TO SHOWCASE NEW PROGRESSIVE TITLES AT GLOBAL GAMING EXPO 2022

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…
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INN

BetMGM Launches NHL-Branded Casino Games

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,…
Games
Konami

Northern California’s New Sky River Casino Debuts Complete Cashless Convenience with Konami Gaming, Inc.’s SYNKROS and Everi’s CashClub Wallet Technology

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…
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Market Screener

Holland America Line Completes Installation of Industry-Leading SYNKROS Gaming Technology for Casino Slot Machines

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…
Industry
IT News Online

AGS Takes its Portfolio to A New Level at the 2022 Global Gaming Expo in Las Vegas

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…
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Market Screener

Bally's Completes Previously Announced Acquisition of Tropicana Las Vegas

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…
Industry
Investor Place

Why Are Casino Stocks LVS, WYNN, MLCO Up Today?

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…
Finance
Hospitality Net

Tribal Casinos Deliver Winning Guest Experiences With Oracle Cloud

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…
Travel
Kalkine Media

Kalkine Media explores five US casino stocks to watch in October

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…
Finance
Kalkine Media explores five US casino stocks to watch in October
Seeking Alpha

Las Vegas Sands: Capitulation Here Or Near

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…
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Las Vegas Sands: Capitulation Here Or Near
Street Insider

Bragg Gaming Group (BRAG) and Bally’s Interactive Partner for Content Development

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…
Finance
World Casino News

iSoftBet partners TonyBet via iGaming content deal

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…
Industry
iSoftBet partners TonyBet via iGaming content deal
World Casino News

Bragg expands iGaming reach in Czech Republic

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…
Finance
Bragg expands iGaming reach in Czech Republic
World Casino News

Casino 500 adds Pragmatic Play iGaming content

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…
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Casino 500 adds Pragmatic Play iGaming content
REBusiness Online

VICI Properties, Century Casinos Agree to Acquire Rocky Gap Casino Resort in Flintstone, Maryland for $260M

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…
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VICI Properties, Century Casinos Agree to Acquire Rocky Gap Casino Resort in Flintstone, Maryland for $260M
Defense World

ProShare Advisors LLC Has $2.92 Million Position in Las Vegas Sands Corp. (NYSE:LVS)

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…
Finance
ProShare Advisors LLC Has $2.92 Million Position in Las Vegas Sands Corp. (NYSE:LVS)
Recent Slot Releases

BetMGM Extends U.S. iGaming Partnership with Scientific Games

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…
Industry
BetMGM Extends U.S. iGaming Partnership with Scientific Games
Seeking Alpha

Las Vegas casino stocks are seen as good bets to ride out economic downturn

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…
Land-based
Las Vegas casino stocks are seen as good bets to ride out economic downturn
Cision

Casino negotiations likely to go down to the wire

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…
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Casino negotiations likely to go down to the wire
Defense World

Scotia Capital Inc. Has $437,000 Position in Las Vegas Sands Corp. (NYSE:LVS)

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…
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Scotia Capital Inc. Has $437,000 Position in Las Vegas Sands Corp. (NYSE:LVS)
Pulse 2.0

Las Vegas Sands (LVS) Stock: Why It Increased Over 3% Today

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…
Covid
Las Vegas Sands (LVS) Stock: Why It Increased Over 3% Today
Seeking Alpha

Las Vegas Sands Has A Macau And Convention Revenue Problem (NYSE:LVS)

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…
Finance
Las Vegas Sands Has A Macau And Convention Revenue Problem (NYSE:LVS)
Caesars Entertainment Inc.

Caesars Palace Las Vegas to Debut New Dining Concept, Stanton Social Prime, With Tao Group Hospitality and Chef Chris Santos

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…
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Caesars Palace Las Vegas to Debut New Dining Concept, Stanton Social Prime, With Tao Group Hospitality and Chef Chris Santos
Financial Post

Bragg Gaming Expands Partnership with Rush Street Interactive to Rollout Online Casino Content with BetRivers.ca Brand in Ontario

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…
Industry
Market Screener

IGT Revolutionizes Mechanical Reel Slot Category with DiamondRS Cabinet

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…
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IGT Revolutionizes Mechanical Reel Slot Category with DiamondRS Cabinet
Markets Insider

Macau Lockdown Slashes Targets For Las Vegas Sands, MGM, Wynn

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),…
Covid
Macau Lockdown Slashes Targets For Las Vegas Sands, MGM, Wynn
Pulse 2.0

Las Vegas Sands (LVS) Stock: Why Its Trending Today

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…
Covid
Las Vegas Sands (LVS) Stock: Why Its Trending Today
Markets Insider

Why Are Casino Stocks WYNN, LVS Down Today?

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…
Finance
Investing

Entain Tumbles as Slowdown in Online Gambling Hits 2Q By Investing.com

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…
Sports
Entain Tumbles as Slowdown in Online Gambling Hits 2Q By Investing.com
Defense World

Las Vegas Sands Corp. (NYSE:LVS) Shares Bought by Xponance Inc.

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…
Travel
Las Vegas Sands Corp. (NYSE:LVS) Shares Bought by Xponance Inc.
Markets Insider

Casino Stocks WYNN, LVS, MGM, MLCO Gain on Easing Covid-19 Restrictions

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…
Covid
Casino Stocks WYNN, LVS, MGM, MLCO Gain on Easing Covid-19 Restrictions
Street Insider

BetMGM Announces Agreement with Sony Pictures Television, IGT to Launch Online Wheel of Fortune Casino (MGM)

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…
Lottery
Seeking Alpha

New Macau gaming bill advances to final vote

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…
Travel
New Macau gaming bill advances to final vote
Seeking Alpha

Macau casinos stocks retreat as rising COVID cases tarnish reopening hopes

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…
Covid
Macau casinos stocks retreat as rising COVID cases tarnish reopening hopes
Acrofan

Rush Street Interactive Adds BetRivers Mobile and Online Sportsbook to Its Award Winning Online Casino in West Virginia

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…
Sports
Rush Street Interactive Adds BetRivers Mobile and Online Sportsbook to Its Award Winning Online Casino in West Virginia
Street Insider

Rush Street Interactive (RSI) Adds BetRivers Mobile and Online Sportsbook to Its Award Winning Online Casino in West Virginia

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…
Sports
Forbes

Will Las Vegas Sands Stock Climb The Ladder Again?

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…
Finance
Golden Casino News

BetMGM Michigan Debuts New Slot Detroit Red Wings Slingo

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…
Sports
BetMGM Michigan Debuts New Slot Detroit Red Wings Slingo
World Casino News

iSoftBet debuts Buenos Aires iGaming market

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…
Industry
iSoftBet debuts Buenos Aires iGaming market
Seeking Alpha

Las Vegas Sands, Casino stocks surge as Shanghai looks set to end lockdowns (NASDAQ:WYNN)

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…
Covid
Las Vegas Sands, Casino stocks surge as Shanghai looks set to end lockdowns (NASDAQ:WYNN)
iGaming Business

Yggdrasil makes LatAm debut with RushBet in Colombia

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…
Strategy Guide
Yggdrasil makes LatAm debut with RushBet in Colombia
Seeking Alpha

Bally's moves forward with downtown Chicago casino project (NYSE:BALY)

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)…
Land-based
Bally's moves forward with downtown Chicago casino project (NYSE:BALY)