Tag: Stock market
Fantini’s Finance: A Look at Penn National Gaming’s Possibilities
Fantini's Finance: A Look at Penn National Gaming's PossibilitiesIn the world of gaming and gambling, there are several key events and conferences that industry professionals should have on their radar. These events provide a...
Apollo Joins S&P 500 Index in Historic Move
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...
Appeal Filed by Codere Online Against Nasdaq Delisting – Latest Updates and News
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...
DraftKings SPAC CEO Sells 250,000 Shares
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 Bet on Flutter Entertainment and Penn National Gaming
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,...
Potential Growth Ahead for Inspired Entertainment Stock
Inspired Entertainment (NASDAQ: INSE) may not be the most well-known gaming stock out there, but analysts are optimistic about its potential for growth. With a market capitalization of $277.74 million, the company has been...
Top Gaming Stock Pick for Second Half: DraftKings by Stifel
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 Surges on Rumors of Flutter Entertainment Joining Boyd Gaming in...
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...
DraftKings Considering VSiN Acquisition in Barstool/Penn-Style Deal
DraftKings is reportedly thinking about selling the Vegas Sports Information Network (VSiN), a sports betting radio network it bought for $70 million in March 2021. Eilers & Krejcik Gaming (EKG) mentioned that DraftKings may...
Indy Gaming Merger Rumblings Sparked by Investor’s Call for Penn Casinos Sale
Penn Entertainment, the operator of M Resort in Henderson, recently faced a significant decline in its stock price, prompting speculation and investor concerns. A Los Angeles-based investment firm suggested that Penn should consider selling...
Light & Wonder Announces $1 Billion Share Repurchase – Latest News & Updates
Light & Wonder, a leading technology company, recently announced a $1 billion share repurchase program as part of its ongoing efforts to enhance shareholder value. The company's board of directors approved the repurchase program,...
Penn National Gaming’s Partnership with Barstool Sports: A Financial Analysis
Penn National Gaming recently made headlines with its partnership with Barstool Sports, a popular sports media company. This strategic alliance between a casino operator and a sports media giant is seen as a game-changer...
Light & Wonder Announces $1 Billion Share Repurchase – Latest Update in GGB News
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...