Tag: Investment

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...

In his recent column, Tom Waterhouse from Waterhouse VC discussed the growing trend of crypto wagering and how companies can stand out in a competitive market. Waterhouse emphasized the importance of innovation, quoting Steve...

Start with your goals Setting goals is a skill, and mastering this skill can pay dividends in every area of your life. If you are able to set clear and intentional retirement goals every year,...

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...

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,...

Soo Kim, the chairman of Bally's Corp., is confident about the future of casino gaming despite challenges in the market. In a recent interview with the Las Vegas Review-Journal, Kim expressed his optimism about...

Apollo Global Management, a hedge fund, has made a significant move in the gaming industry by acquiring gaming equipment providers International Game Technology (IGT) and Everi Holdings in a deal worth over $6.3 billion....

Bally's and Maverick Gaming recently announced their partnership to open a poker room at the Twin River casino in Rhode Island. The poker room will be named the Bally’s Maverick Poker Room, and the...

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...

Shares of DraftKings (NASDAQ: DKNG) closed slightly lower today, but analysts are still optimistic about the stock's potential in the second half of 2024. Stifel analyst Jeffrey Stantial recently rated DraftKings as a "buy"...

Penn National Gaming stock saw a significant increase in value due to rumors circulating about Flutter Entertainment potentially teaming up with Boyd Gaming for a takeover bid. This news comes amidst a mixed day...

Red Bull, known for its energy drinks and sports sponsorships, is now reportedly in talks to purchase an NBA franchise, potentially in Las Vegas. The company, with revenue of over $10.9 billion last year,...

Steve Cohen, the owner of the New York Mets, has recently acquired a 5.5% stake in the Las Vegas Sphere. This spherical concert venue was built for $2.3 billion by majority owner James Dolan...

Novomatic, a leading gaming company, is considering expanding its operations in the Philippines. This potential expansion comes as the company seeks to tap into the growing gaming market in the country.The Philippines has seen...

Ixia, a leading gaming company, has recently announced the launch of a $20 million global gaming venture fund and studio. This exciting news was revealed during the iGB L!VE 2024 event held at RAI...

Light & Wonder, a leading technology company, recently announced a significant move to repurchase $1 billion worth of shares. This decision has caught the attention of investors and industry analysts alike, with many speculating...

Novomatic, a leading gaming company, is looking to expand its operations into the Philippines. This decision comes as part of the company's strategic plan to increase its presence in the Asian market.The Philippines has...

Jerry Lewis' Las Vegas home, where he lived for 35 years until his passing in 2017, is set to go up for auction. The auction will take place during an open house event on...

Ixia has recently launched a $20 million global gaming venture fund and studio, aiming to support and invest in innovative gaming startups from around the world. This exciting news comes as the gaming industry...