Tag: Stocks
Expectations lower for gaming stocks the rest of 2024: analyst
J.P. Morgan issued a note to gaming investors Monday citing “decelerating trends as consumer spending and macro economy slow.” Those... more
Golden Matrix Group to buy back $5 million in stock
Igaming and sports betting tech provider Golden Matrix Group will buy back up to $5 million of the company’s common stock. “We believe the... more
Conference attendees upbeat on gaming stocks
Earlier this week, Jefferies Equity Research wrapped up its Nantucket Consumer Conference. Discussion was effectively dominated by gaming... more
Wynn positioning itself as ‘best-in-class’ in free cash flow margin as it funds UAE project, analyst says
Wynn Resorts is well positioned to fund its integrated resort project in the United Arab Emirates and position itself as the... more
Light & Wonder approves $1 billion share repurchase program
Casino game provider Light & Wonder, formerly known as Scientific Games, has approved a three-year share repurchase program to... more
Analyst expects DraftKings stock to soar
Jefferies Equity Research analyst David Katz met with executives of DraftKings on Monday and found them “bullish,” despite last week’s tax... more
Illinois tax boost takes immediate toll on DraftKings shares
According to J.P. Morgan analyst Joseph Greff, shares of DraftKings declined 11 percent in early trading Tuesday. He attributed the falloff... more
Games Global delays IPO launch as it is ‘not an absolute necessity’
Just weeks after announcing the launch of its initial public offering to list its shares on the New York Stock Exchange, igaming content... more
Analyst: Flutter U.S. primary listing set for May 31
On May 31, the New York Stock Exchange listing of Flutter Entertainment will become its primary listing, according to a report by Jefferies... more
888 Holdings to refinance debt as part of its value creation plan
As international sports betting and gambling company 888 Holdings plc continues its deleveraging process, the board has secured terms to... more



