Tag: Stocks
Hong Kong Stock Exchange deems Andrew Lo unsuitable to be director of LET Group or Summit Ascent
The Stock Exchange of Hong Kong Ltd has imposed a Director Unsuitability Statement and a censure against Andrew Lo – the majority... more
Light & Wonder prices $1 billion in senior notes to pay down existing debt
Light and Wonder International, Inc – a wholly-owned subsidiary of global gaming supplier Light & Wonder – has priced US$1 billion... more
Caesars Entertainment dropped from S&P 500, displaced by Robinhood
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
Gambling shares plunge by £4bn over UK government tax fears
Britain’s biggest gambling companies lost more than £4bn in value amid fears of a tax raid on the sector in the next Budget. On Friday,... more
Long-delayed $250M Bally’s Chicago IPO may finally close in August
Eight months after launching its $250 million initial public offering, Bally’s Chicago is making a final push to solicit investors and... more
Philippine government considers mandatory stock exchange listing for igaming firms
The Philippine government is considering a proposal that would require all igaming operators to list on the Philippine Stock Exchange as... more
Betsson CEO shrugs off share dip after near-record quarter
Betsson delivered a robust Q2 2025, posting a 12% year-on-year revenue increase. Yet despite the solid numbers, the company’s share price... more
Earnings season kicks off Wednesday with open questions about Macau, regionals, Las Vegas
Second-quarter earnings season starts Wednesday and kicks off in earnest next week, when a lot of questions will be answered about Las... more
Casino operator Cirsa’s Blackstone-backed IPO finishes flat in Spain debut
Cirsa Enterprises SA shares closed in-line with the offer price in its Spain debut on Wednesday, a steady start to trading for the company... more
Flutter a strong “Buy,” Jefferies analyst notes
Jefferies Equity Research analyst James Wheatcroft put a Wall Street-high US$380-per-share price target on Flutter Entertainment stock in a... more