Tag: Stocks
Activist investor HG Vora lays out its complaints against Penn Entertainment
Penn Entertainment’s third-largest shareholder unleashed a scathing attack on the ESPN Bet operator’s management, alleging that the CEO... more
Capital World Investors increases stake in Wynn Resorts as share price soars
As Wynn Resorts stock continues its dramatic stock-price rise from recent lows, Los Angeles-based Capital World Investors filed an SEC... more
MGM talks up Marriott partnership success on Q1 earnings call, announces $2B share buyback
MGM Resorts International’s first quarter 2025 revenue dipped slightly – down 2% year-over-year to $4.3 billion – a decrease that... more
Sportradar insiders plan major share sale amid stock gains and strong Q1
Sportradar’s key shareholders plan to sell a total of 23 million Class A ordinary shares in a secondary public offering. The offering... more
Digital-focused gaming stocks fall less than in-person casino operators
Online-centered gaming stocks’ have declined less than their brick-and-mortar-heavy competitors in the days after President Donald Trump... more
Macau’s Hong Kong-listed gaming stocks all fall by more than 10% Monday on impact of U.S. tariffs
The stock prices of Macau’s six concessionaires all nosedived by more than 10% on Monday as the Hong Kong Stock Exchange fell sharply in... more
Casino stocks fall again as markets plunge over global tariff fears
Casino stocks fell again Friday, though not as much as the day before, as financial markets kept plunging over fears of tariffs and their... more
Casino stocks plunge amid market carnage sparked by U.S. tariffs
The U.S. stock market took its worst beating in years Thursday, and casino companies in Las Vegas were not spared the carnage. Amid a... more
Evoke shares drop 18% despite revenue recovery in 2024
Evoke plc has reported full-year 2024 revenue of £1.75bn, a 3% year-on-year increase, with adjusted EBITDA rising 4% to £312.5m,... more
Fertitta consummates purchase of Wynn stock that now exceeds 10%
Billionaire casino owner Tilman Fertitta increased his stake in Wynn Resorts, which now exceeds 10%. The casino stock rose Tuesday in... more