Tag: Stocks

01/27/25 8:42 PM

Analyst predicts good 2025 for igaming, Macau-centric stocks, less so with Las Vegas casinos

  • Buck Wargo, CDC Gaming
Gaming analyst Chad Beynon of Macquarie Group is telling investors that while gaming stocks trailed the broader market in 2024, he sees... more
01/21/25 9:55 AM

Wall Street Bets: Growth sectors, Las Vegas Strip, Maryland

  • Rege Behe, CDC Gaming
Growth sectors On January 19 Jefferies analyst David Katz wrote he is “reiterating our bullish stance on DraftKings, Rush Street... more
01/13/25 11:26 AM

Wall Street Bets: New York online sports betting, Nevada

  • Rege Behe, CDC Gaming
New York online sports betting Analyst David Katz of Jefferies January 12 looked at online sports betting in New York. “Statewide OSB hold... more
01/06/25 12:29 PM

Wall Street Bets: DraftKings, U.S. revenue, Las Vegas Strip, Macau

  • Rege Behe, CDC Gaming
DraftKings outlook tweaked Analyst Joseph Greff of J. P. Morgan on January 2 looked at DraftKings’ prospects for 2025. “We are tweaking our... more
12/12/24 1:02 PM

Bragg Gaming Group plans for expansion in 2025

  • Mark Keast, CDC Gaming
Toronto-based Bragg Gaming Group Inc. announced this morning they will have a booth at the upcoming ICE Barcelona show Jan. 20-22, showing... more
12/02/24 9:44 AM

Golden Matrix Group insider ownership hits 85 percent after Meridianbet acquisition

  • Sam Bentham, Special to CDC Gaming
A report from Golden Matrix Group has revealed that insider ownership holds 85.17 percent of the company’s shares. A NASDAQ company, the... more
11/16/24 12:10 PM

Analyst: Tilman Fertitta interest in Wynn stock an investment, not takeover

  • Buck Wargo, CDC Gaming
Wall Street analyst John DeCree tried to quell the initial speculation that Tilman Feritta’s becoming Wynn Resorts largest shareholder is... more
10/25/24 11:22 AM

High Roller announces closing of initial public offering

  • Rege Behe, CDC Gaming
High Roller, the operator of highroller.com and fruta.com, announced Thursday the closing of its initial public offering of 1,250,000... more
09/10/24 2:11 PM

Penn CEO buys company shares worth $1 million

  • Steve Chen — Special to CDC Gaming
Jay Snowden, the CEO of gambling and entertainment operator Penn Entertainment, has bought company shares worth $1 million, according to a... more
09/04/24 8:32 PM

Analyst: Wynn stock represents a “good risk-reward”

  • Buck Wargo, CDC Gaming
J.P. Morgan analyst Joseph Greff cautioned investors not to be fooled by the underperformance of Wynn Resorts stock. It “represents a good... more