Tag: Finance

Wedmont Private Capital recently made a significant investment in Las Vegas Sands Corp. by purchasing a new stake in the company. The firm acquired 3,853 shares of the casino operator's stock, amounting to approximately...

California Resident Wins $1.269B Mega Millions Jackpot in Record-Breaking DrawingA historic moment unfolded last night as a single ticket holder in California struck gold, clinching the ninth-richest jackpot in the history of the United...

Ontario Lottery and Gaming Corp. Maintains Strong Market Share PositionLast week, the Auditor General of Ontario issued a report applauding the Ontario Lottery and Gaming Corporation for the progress they’ve made in the face...

Wynn Resorts' Potential Activist Investor Situation Unlikely to MaterializeWynn Resorts (NASDAQ: WYNN) has experienced a notable 10.09% surge in stock value over the past month, following news of a prominent investor, Tilman Fertitta, increasing...

Apollo Global Management Joins S&P 500 IndexIn a historic move, Apollo Global Management, the operator of the Venetian casino hotel and convention center on the Las Vegas Strip, is set to join the esteemed...

VICI Properties, a real estate investment trust that owns Caesars Palace on the Las Vegas Strip, recently received an investment-grade credit rating upgrade from Moody's Investors Service. This upgrade is a positive development for...

Codere Online Luxembourg, the online betting division of the Spanish gaming giant Codere, recently disclosed that it has received a notice from the Nasdaq Stock Market regarding a potential delisting. The company has taken...

Harry Sloan, a co-founder of the blank-check company that took DraftKings public, recently sold 250,000 shares of the gaming company. This sale was disclosed in a filing with the Securities and Exchange Commission (SEC)...

Investors are showing interest in Flutter Entertainment and Penn National Gaming despite the challenges they have faced this year. David Einhorn's Greenlight Capital added to its stake in Penn Entertainment during the third quarter,...

Golden Entertainment, the company operating The Strat casino hotel near the Las Vegas Strip, has decided to ramp up its share repurchase program. The company's board of directors approved adding $100 million to its...

The Nevada Gaming Commission (NGC) recently made a unanimous decision to refund $3.12 million in overpaid taxes to Nevada Restaurant Services Inc., the company behind Dotty’s gaming taverns. This decision also included forgoing claims...

Casino REIT Stocks Set for Growth Despite Stable Interest RatesShares of VICI Properties and Gaming and Leisure Properties, two major casino landlords, have seen a decline of 11.27% so far this year, while the...