Location: +United States
Penn Entertainment says two HG Vora nominees elected to board
Penn Entertainment Inc. said its shareholders elected two new directors proposed by HG Vora Capital Management to its board at the... more
IGT’s global lottery organization rebrands as Brightstar
International Game Technology’s global lottery business will begin operating as Brightstar Lottery, effective immediately, it announced... more
CBRE bullish on MGM Resorts International despite Las Vegas slowdown
CBRE is bullish on MGM Resorts International stock after visiting the Las Vegas Strip operator last week. Strength in MGM’s regional... more
Fitch: Tax hikes could stunt sports betting’s growth
“Recent and proposed state sports betting tax hikes could dampen the online gaming sector’s positive growth momentum,” Fitch Ratings... more
Macquarie forecast for Light & Wonder falls just shy of US$2 billion 2028 EBITDA target
Macquarie analysts are forecasting that Light & Wonder will achieve Adjusted EBITDA of US$1.94 billion by 2028, falling just short of... more
Analysts split on BetMGM revenue forecast
A pair of stock analysts offered differing takes on BetMGM’s announcement that it was raising revenue and cash-flow guidance for 2025.... more
What does HG Vora want with Penn Entertainment?
HG Vora’s activist fight with Penn Entertainment is set to make Tuesday’s annual meeting a hotly watched event. The business, Penn’s... more
CBRE raises Red Rock Resorts price target
CBRE has raised its stock-price target for Red Rock Resorts, saying the locals casino market is better positioned through 2026 to handle... more
As AI transforms industries, how can it impact gambling in Las Vegas?
With artificial intelligence now embedded in what seems to be everything–researchers are beginning to question how its speed and... more
International Gaming Standards Association adds two to board
The International Gaming Standards Association on Monday announced that Donovan Meyer of Light & Wonder and Playtech’s Charmaine Hogan... more
