Tag: Stocks

11/29/25 7:16 PM

UK tax hit worse than expected, Jefferies analyst says

  • David McKee, CDC Gaming
Markets were expecting a UK tax rate hike on certain gambling revenues on the order of 25% to 30%, reported Jefferies Equity Research... more
11/10/25 9:56 AM

Wall Street Bets: DraftKings, Golden Entertainment, Penn, Red Rock Resorts, Caesars, Genius Sports

  • Rege Behe, CDC Gaming
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. DraftKings lowers guidance Barry Jonas of... more
09/09/25 8:06 PM

Caesars Entertainment dropped from S&P 500, displaced by Robinhood

  • Buck Wargo, CDC Gaming
Four and a half years after its stock was listed on the S&P 500, Caesars Entertainment is being removed from the benchmark index due to... more
07/15/25 8:52 PM

Earnings season kicks off Wednesday with open questions about Macau, regionals, Las Vegas

  • Buck Wargo, CDC Gaming
Second-quarter earnings season starts Wednesday and kicks off in earnest next week, when a lot of questions will be answered about Las... more
06/30/25 10:05 AM

Wall Street Bets: Gaming stocks, IGT, Las Vegas Strip, New York OSB

  • Rege Behe, CDC Gaming
  Gaming industry overview Dan Politzer of J.P. Morgan on June 26 released an overview of gaming stocks: “Macau was one of the more... more
05/13/25 8:40 PM

Capital World Investors increases stake in Wynn Resorts as share price soars

  • Buck Wargo, CDC Gaming
As Wynn Resorts stock continues its dramatic stock-price rise from recent lows, Los Angeles-based Capital World Investors filed an SEC... more
04/30/25 10:02 PM

MGM talks up Marriott partnership success on Q1 earnings call, announces $2B share buyback

  • Rege Behe, CDC Gaming
MGM Resorts International’s first quarter 2025 revenue dipped slightly – down 2% year-over-year to $4.3 billion – a decrease that... more
03/25/25 9:18 PM

Fertitta consummates purchase of Wynn stock that now exceeds 10%

  • Buck Wargo, CDC Gaming
Billionaire casino owner Tilman Fertitta increased his stake in Wynn Resorts, which now exceeds 10%. The casino stock rose Tuesday in... more
03/24/25 9:18 AM

Wall Street Bets: Gambling.com, Sportradar, Bally’s, MGM Resorts

  • Rege Behe, CDC Gaming
Analysts favor Gambling.com “Gambling.com results continue to deviate positively from peers, which should translate into stock... more
02/25/25 1:32 AM

Wynn Resorts files with SEC on Tilman Fertitta exceeding 10% ownership stake

  • Buck Wargo, CDC Gaming
Wynn Resorts filed Securities and Exchange Commission Form 3 describing an initial filing of ownership exceeding 10% by billionaire Tilman... more